Trump's Trade Strategy Portends More Conflict With China, Cornell's Prasad Says

The transcript discusses President Trump's stance on labeling China as a currency manipulator, despite his own treasury's differing view. It highlights the impact of US economic policies on currency values and Trump's interpretation of these changes as competitive devaluations. The discussion covers the ongoing US-China trade talks, the political dynamics influencing Trump's strategies, and the potential impact on US businesses operating in China. The transcript also touches on the reluctance of China to engage in negotiations and the political factors affecting trade policies.

In what ways do retaliatory tariffs impact Trump's political base?

What factors might lead to a change in Trump's trade policies before the midterm elections?