Aberdeen Standard Investments Sees U.S.-China Tensions as a Multi-Decade Story

The video discusses the ongoing trade tensions between the US and China, focusing on tariffs and potential trade deals. It highlights the political implications of tariffs, especially in an election year, and the risks associated with pushing for tariff relief. The discussion also covers the long-term nature of US-China relations and the importance of non-tariff actions in shaping future economic and foreign policies.

According to the text, what are the long-term implications of the current trade tensions?

What is indicated about the bipartisan support for non-tariff actions in the US?