MUFG Bank’s Tan Is Still Very Cautious on Markets

The transcript discusses the potential impact of US-China trade negotiations on markets, with a focus on investor excitement and the possibility of a partial deal. It analyzes Trump's stance on trade deals, speculates on tariff increases, and predicts the likelihood of a trade deal in 2019 or 2020. The discussion also covers the impact of trade tensions on market pricing and trade flows, particularly in Asia.

What is the current state of trade flows in Asia as described in the text?

What countries are mentioned as benefiting from diverted trade flows?