China Trade War Will Get Worse Before it Gets Better, Says Schenker

The video discusses the potential impact of resolving NAFTA on market optimism, particularly for companies under pressure. It highlights progress in trade agreements with Korea and Japan, but emphasizes ongoing concerns with China, which could escalate into a currency war. The discussion also covers the challenges of reaching a new NAFTA agreement, particularly regarding trade deficits with Canada and Mexico and the car industry. Political pressure is noted as a significant factor in pushing for resolutions, but China remains a major concern.

What are the potential impacts of a resolution on the NAFTA front for companies?

How does the trade situation with China differ from that of NAFTA?

What are the concerns regarding the trade deficits with Canada and Mexico?

What is the significance of the car deal in the context of NAFTA negotiations?

What political pressures are influencing the negotiations for a new NAFTA?