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The Trump administration imposed a 20% tariff on imported goods from China this week, alongside 25% tariffs levied against Canada and Mexico. Yale University's Paul Tsai China Center senior fellow Stephen Roach compares President Trump's negotiating power with China from his first term with now. "China's holding a lot of... [the] trump cards that it can hold out to the United States. We have a two-way relationship, which means that... China depends on our markets, but we also depend on them," Roach tells Market Domination's Julie Hyman. To watch more expert insights and analysis on the latest market action, check out more Market Domination here: https://finance.yahoo.com/videos/seri... #youtube #stocks #investing About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Get the latest news and data at finance.yahoo.com Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) Follow Yahoo Finance on social: X: / yahoofinance Instagram: https://www.instagram.com/yahoofinanc... TikTok: https://www.tiktok.com/@yahoofinance?... Facebook: / yahoofinance LinkedIn: / yahoo-finance