U.S., China Set to Resume Trade Talks in Late August

The video discusses the upcoming trade talks between China and the US, focusing on the potential concessions each side might offer to restart broader negotiations. Both countries are seeking significant concessions, with the US demanding structural changes in China's trade practices and China wanting the US to drop tariffs. The strong US economy provides some leverage for the Trump administration, while China's economy faces challenges. The outcome of the talks may depend on which side feels the economic pressure first.

How is the current state of the U.S. economy influencing the trade negotiations?

What factors could determine which side blinks first in the negotiations?