US vs China: 'countries will need to pick a side' – Diana Choyleva on the trade war скачать в хорошем качестве

US vs China: 'countries will need to pick a side' – Diana Choyleva on the trade war

Donald Trump has paused tariffs against most countries – apart from China. The US has singled out China for much harsher treatment, levying tariffs at a rate of 125%. China has placed 84% retaliatory tariffs on US imports, and said Trump's trade war will 'end in failure'. Are they right? Diana Choyleva, Chief Economist at Enodo Economics, joins assistant editor Cindy Yu to assess whether this is the beginning of a trade war never seen before. // CHAPTERS 00:00 – Introduction 00:18 – Has the president blinked or is this the art of the deal? 00:58 – 90-day tariff reprieve for most countries – except China 01:22 – Trump’s strategy 01:42 – The world is splitting into US and China-led spheres 03:04 – Trump's conflicting goals 05:00 – China is done appeasing America and looks to Europe 06:25 – China's export loopholes and US plans to close them 07:02 – Why China is better positioned for economic pain 09:49 – Beijing believes US voters will pressure Trump 14:23 – China’s consumption-led shift and what it means #China #US #tariffs #economy // SUBSCRIBE TO THE SPECTATOR Get 12 issues for £12, plus a free £20 John Lewis/Waitrose voucher https://www.spectator.co.uk/tvoffer // FREE PODCASTS FROM THE SPECTATOR Hear more from The Spectator's journalists on their podcasts, covering everything from the politics of the UK, US and China, to religion, literature, lifestyle and more. https://www.spectator.co.uk/podcasts/ // FOLLOW US   / spectator     / officialspectator     / the-spectator     / spectator1828     / thespectatormagazine