What's Behind Trump's 'One-China' Policy Reversal?

The transcript discusses the limited impact of the One China policy on trade leverage between the US, China, and Taiwan. It highlights surprising trade data from China, indicating economic growth and the end of deflation. The potential implications of a US border adjustment tax are explored, including its effects on currency markets and international trade relations.

What is the significance of the one China policy in the context of trade relations between the United States and China?

In what ways might the one China policy limit the United States' ability to leverage trade negotiations?

How did the recent trade data from China surprise analysts, and what factors contributed to this surprise?

Discuss the challenges faced by the Chinese economy as indicated by the recent trade data.

What are the potential implications of a border adjustment tax proposed in the context of President Trump's tax plan?