NYU's Lee Says It's Been an 'Economic War' Between China and U.S., Not a Trade War

The transcript discusses the ongoing trade negotiations between the US and China, focusing on tariffs and economic reforms. It compares the current situation to the historical Plaza Accords with Japan, highlighting the US's leverage. The debate on currency manipulation and market influence is explored, emphasizing the economic war between the two nations. The impact of forced purchases on China's economy and dependency on the US is analyzed. The transcript concludes with thoughts on the deal's signing and its potential implications.

What are the long-term effects of the trade negotiations on China's dependency on the US?

What are the implications of the US threatening to cut off China's food supply?

What is the significance of the upcoming deal signing between the US and China?