Posen Says Trade Deal Will Not Satisfy Anyone Politically

The transcript discusses the potential US-China trade deal, focusing on its economic and political implications. It highlights the importance of intellectual property and technology transfer issues, and the impact on Chinese and global markets. The role of the WTO and the preference for bilateral over multilateral deals are examined. The future of US trade relations with Japan, Europe, and the UK is also considered, emphasizing the challenges and uncertainties involved.

What are the potential economic impacts of the trade deal mentioned in the text?

How does the speaker perceive the role of tariffs in the current trade situation?

What fundamental changes regarding intellectual property are discussed?

In what ways might China benefit from reduced trade tensions according to the text?

What concerns are raised about the future of the WTO in light of bilateral trade deals?