Trade Spat Could Have Serious Consequences on U.S. Economy, PIIE's Lovely Says

The video discusses the expansion of tariffs beyond intellectual property sectors, including their impact on the US and global economy. It explores the potential inflationary and contractionary effects of tariffs, the uncertainty they create for investors, and the strategic responses from China. The role of the World Trade Organization in these trade disputes is also examined, highlighting the complexities of international trade laws and the challenges in resolving such conflicts.

What challenges does the Trump administration face in implementing tariffs?

How is China responding to US tariffs, and what are their motivations?

What role does the World Trade Organization play in the context of US-China trade relations?