This Is a First Step Toward a Deal, Says Hills & Company’s CEO

The transcript discusses the initial steps in US-China trade negotiations, highlighting the suspension of tariffs and China's financial market opening. It addresses challenges in reaching a deal, including industrial policy and state subsidies. The discussion also covers China's economic transition from an industrialized investment economy to a consumer economy, emphasizing the need for cooperation between the two largest economies. The potential for future growth and the importance of enforcement mechanisms and intellectual property protection are also explored.

What are the suggested areas of compromise between the two economies?

What role does intellectual property protection play in the negotiations?