Carnegie Endowment's Huang Sees Revival of Protectionism

The video discusses China's economic growth supported by rising exports amidst slowing investments. Yukon Huang, an expert on China's economy, highlights the tensions between the US and China, especially regarding trade deficits and potential protectionism. A recent development is the entry of US beef into the Chinese market, which could ease tensions but also has global trade implications.

What significance does the recent US beef trade deal with China hold in the context of easing trade tensions?

In what ways are global repercussions of trade decisions between the US and China highlighted in the discussion?