U.S., China Rattle Trade-War Sabers in Vowing Crippling Tariffs

The transcript discusses the escalating trade war between the US and China, highlighting the imposition of tariffs on Chinese goods and the potential for further tariffs if China retaliates. It notes the limited role of Congress in resolving the issue, despite some business groups lobbying for increased oversight. The transcript also explores China's influence over North Korea and its strategic position in trade negotiations with the US, emphasizing the delicate balance China must maintain in its diplomatic relations.

What are the implications of the trade war on US-China relations?

How has Treasury Secretary Steven Mnuchin's stance on the trade war changed?

What are the potential consequences of tariffs on goods from China?

What role does Congress play in the current trade negotiations?

In what ways could China leverage its position in trade talks with the US?