No One Is Prepared for a Trade War, Says ING Bank's Pang

The video discusses the implications of trade wars and tariffs, focusing on China's preparedness and the global economic impact. It highlights the role of currency depreciation and the UN's limitations in addressing trade tariffs. The analysis also covers the decline of the renminbi against the dollar and other currencies, emphasizing the influence of trade and investment news.

What role do tariffs play in the context of trade pressures?

What is the significance of the UN's role in trade tariffs as mentioned in the text?

How does China prepare for a potential trade war according to the discussion?

What are the potential impacts of a trade war on global trade volume?

In what ways is the currency affected by news related to trade wars?