No Trade Deal Is Probably Most Likely, Says Saxo Bank’s CIO

The transcript discusses the complex US-China trade relationship, highlighting concerns over recent developments and potential escalations. It explores the broader implications of the trade conflict, including cultural and economic impacts. The discussion also covers the US strategy, market reactions, and the political context influencing trade negotiations, particularly in light of upcoming elections.

What is the speaker's perspective on the potential outcomes of the trade negotiations?

In what ways does the speaker believe the trade discussions are evolving beyond just trade?