Hudson Institute Sees Slowing Economy, Weak Financial Markets in 2019

The video features Brendan, a senior fellow at the Hudson Institute, discussing the complexities of US-China trade relations and their impact on global markets. He highlights the slowing Chinese economy, the pressure from Wall Street for a quick deal, and the broader implications of trade conflicts. Brendan also addresses the US trade deficit and President Trump's goals, emphasizing that the real trade battle lies with Europe and Japan due to their significant trade surpluses. He forecasts that these issues will become more prominent in the context of a slowing global economy.

What does the speaker suggest about the relationship between the trade deficit and the global economy?

What is the significance of the trade surpluses in northern Europe and Japan in the context of US trade policy?