China Underestimated Trump, Former Australian Ambassador Raby Says

The transcript discusses China's underestimation of Trump's hardline approach and its impact on US-China relations. It explores the challenges faced by foreign businesses in China amidst trade uncertainties and China's potential response to improve the business environment. The discussion also covers US trade agreements, including the USMCA, and their implications for global trade dynamics. The US's economic influence and Trump's willingness to negotiate trade deals are highlighted, with a focus on the strategic pressure on China.

What reflections are being made in Beijing regarding the US-China relationship?

In what ways does the text suggest that the Trump administration's strategy is impacting China?