U.S. Trade Negotiations Aimed at Restructuring Supply Chains, Says Milken Institute’s Lee

The video discusses the US strategy of using tariffs to shift global supply chains, aiming to reduce trade deficits with China and promote high-wage manufacturing domestically. It explores the movement of production from China to countries like Vietnam and the economic division between the US and China. The video also examines trade data and economic indicators, highlighting the importance of China's economic growth for the global economy.

What is the main strategy of the US regarding global supply chains as discussed in the text?

How does the US plan to address its trade deficit with China according to the text?

What role do tariffs play in the US's trade strategy as mentioned in the text?

What evidence is provided in the text regarding the shifting of production out of China?

According to the text, what is the significance of China's economic growth for the global economy?