National Foreign Trade Council Not Expecting 'Phase One' Deal Soon

The transcript discusses the challenges and complexities of the phase one trade deal between the US and China, highlighting the impact of tariffs on both economies. It explores the future of trade negotiations, noting the unusual involvement of the US President in the process. The discussion also touches on the role of the WTO and the implications of the US administration's actions on global trade relations.

What is the significance of the WTO in the context of US-China trade relations?

How might the outcome of the phase one deal affect the President's reelection campaign?

What are the potential implications of blocking the appointment of appellate body members in the WTO?