China, U.S. Posturing Shows Distance From a Deal: Pimco's Cantrill

The transcript discusses the ongoing trade tensions between the US and China, highlighting a report from the Wall Street Journal about China's demands. It outlines China's consistent position as per their White paper and the posturing by both countries ahead of a meeting between President Xi and President Trump. The potential outcomes of the meeting are explored, with a focus on avoiding escalation and maintaining negotiations. The best case scenario is seen as a truce rather than a settlement, with tariffs being a key tool for leverage.

What is the significance of the report mentioned in the Wall Street Journal regarding China?

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How are the positions of both sides described as they approach the meeting?

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What does the speaker suggest about the likelihood of a settlement between the countries?

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What are the potential outcomes of the meeting as discussed in the text?

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What role do tariffs play in President Trump's negotiating strategy according to the text?

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