We Are Moving in Direction of a Trade War, Says Kissinger Associates' Hormats

The video discusses the potential escalation of a trade war between the US and China, highlighting the retaliatory tariffs and the involvement of other countries like Canada and Mexico. Experts suggest that negotiations could prevent further deterioration. The impact of trade policy uncertainty on global markets and the Federal Reserve's interest rate decisions is examined. The video also explores China's economic resilience, focusing on its currency and growth trends amidst trade tensions.

In what ways could the Chinese economy be impacted by the trade conflicts?

What strategies might China employ to manage the effects of tariffs on its economy?