George Magnus Says 'Wouldn't Get Hopes Up Too Much' on U.S.-China Trade

The video discusses the ongoing US-China trade talks, highlighting China's consistent stance on being open to negotiations despite the trade war. It explores China's potential responses, such as increasing tariffs and regulatory measures. The video also analyzes the implications of the trade war on the Dollar-Yuan exchange rate, predicting a gradual depreciation of the Yuan.

What factors might influence the depreciation of the yuan according to the discussion?

What is the significance of the People's Bank of China's actions regarding the yuan-dollar rate?