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?

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

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

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

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