Ross Downplays Prospect of U.S.-China Trade Deal at G-20

The transcript discusses the ongoing US-China trade talks, highlighting the role of Wilbur Ross and the uncertainty surrounding a meeting between Trump and Xi Jinping. It covers the challenges in negotiations, including the delay of Mike Pence's speech and the shifting US response. The political implications for Trump's reelection campaign and the US economy are examined, with a focus on public hearings about tariffs on Chinese goods. The hearings will feature numerous companies opposing the tariffs, which could impact consumer goods and supply chains.

What impact do proposed tariffs have on businesses according to the hearings mentioned?

What is the significance of Robert Lightheiser's upcoming speech to Congress?