Trump Says Day One of U.S.-China Trade Talks Went Very Well

Trump Says Day One of U.S.-China Trade Talks Went Very Well

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Business, Social Studies

University

Hard

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The transcript discusses the progress in US-China trade relations, highlighting a meeting between Trump and Vice Premier Liuhe as a sign of potential progress. It explores the possibility of a mini trade deal with concessions, focusing on agricultural purchases without major policy changes. The US has allowed some companies to resell to Huawei, while China requests the removal of sanctions on its shipping company. A currency pact could lead to tariff suspension, though analysts doubt significant changes to China's exchange rate policy. The pact might resemble agreements with Mexico and Canada, with transparency commitments.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the currency pact affect China's exchange rate policy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What similarities might the agreement with China have with the US-Mexico-Canada agreement?

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