U.S. Trade Deal Is Not Enough to Boost China Demand: Magnus

The video discusses the potential impacts of a trade deal between the US and China, focusing on its limited effect on stimulating China's domestic demand and the irrelevance of currency commitments. It also explores the broader implications for Asia and global trade, suggesting that changes in trade flows may not result in significant net gains for the region.

In what way does the teacher believe the trade deal will affect the US trade deficit with China?

What is the teacher's overall assessment of the trade deal's impact on the broader Asian economy?