Cornell Uni's Prasad on US Debt Deal & US China Trade

The transcript discusses the US debt limit, its political implications, and the challenges in reaching a deal. It highlights the symbolic nature of the debt ceiling as a political tool and the slim chances of the US abolishing it. The discussion also covers the economic impact of the debt negotiations, the global implications of US political dysfunction, and the effects on foreign relations, particularly with China. The transcript concludes with an analysis of the current state of US-China relations, emphasizing the challenges in balancing economic and geopolitical interests.

What are the risks associated with the US's political posturing in terms of foreign relations?

What role does the US Congress play in shaping foreign policy, particularly regarding China?

How do internal political dynamics in the US affect its relationship with China?

What potential paths forward exist for US-China cooperation despite current tensions?