Pimco’s Roman Says Trade War May Push U.S. Into Recession

The video discusses the ongoing US-China trade war, likening it to the Cold War era. It highlights the emergence of two distinct economies and regional supply chains. The US is predicted to experience an economic slowdown, with potential recession risks if trade tensions worsen. The video also explores how US political events, like impeachment, may influence trade negotiations, with China possibly using these events to its advantage.

What are the potential consequences for the US economy if the trade war escalates?

In what ways might China benefit from the current economic climate?