U.S. Is Signaling a Hard-Line Stance Toward China, Says Cornell University's Prasad

The video discusses the ongoing trade tensions between the US and China, highlighting the strategic positions of both nations ahead of the G20 summit. The US is taking a hardline stance, while China is resisting pressure to alter its economic policies. The conflict is seen as part of a broader economic struggle, with narratives in both countries suggesting deep-rooted tensions. Despite potential benefits from trade agreements, the zero-sum perception of economic conflict makes resolution difficult. The video concludes that while trade tensions might ease, deeper issues are unlikely to be resolved soon.

In what ways do both the US and China perceive their positions in the ongoing trade conflict?

What narrative is being spun by China regarding the US's intentions?