How Would a U.S.-China Trade Deal Affect Other Economies?

The transcript discusses the impact of trade tensions between the US and China, highlighting potential risks and outcomes such as a 'sweetheart deal' where China might purchase large amounts to reduce the trade deficit. It also explores potential winners from the conflict, like companies moving operations to Vietnam or Mexico. The discussion includes enforcement mechanisms and the possibility of unilateral actions by the US, emphasizing the unpredictability of the Chinese system and the challenges in ensuring both sides adhere to agreements.

What enforcement mechanisms are suggested to ensure compliance with the trade deal?

What uncertainties exist regarding the Chinese system and its impact on the trade deal?