Trump Has China Over the Barrel on Trade, Hayman's Bass Says

The video discusses the ongoing US-China trade negotiations, highlighting tariff adjustments and their implications for the upcoming election. It reviews the history of the trade deal since 2018, emphasizing the strategic benefits for both countries. The deal allows both sides to claim a win, with enforceable components and tariffs remaining in place. The discussion also covers the strategic positioning of the US and China, including supply chain shifts and self-sufficiency efforts.

What does the speaker mean by saying 'we really have the Chinese over the barrel'?

In what ways does the speaker believe the trade deal affects China's self-sufficiency?