Trade War 2 0: Does China Stand a Chance? | David Woo

After the US increased tariffs on an array of Chinese imports on May 14, the Biden administration has been lobbying American allies and trading partners to join its new trade war against China. As the Biden administration's trade war intensifies, US protectionist policies 2024 are reshaping global trade dynamics. In fact, Protectionism is set to reach new heights in the coming months. The recent increase in US tariffs on Chinese goods has sparked significant discussions on the potential interest rates and trade war effects. The US pressure on allies for tariffs is becoming a pivotal strategy, while China’s retaliation in trade war remains a looming threat. The populism impact on trade is evident as countries reassess their economic policies. Notably, the G7 and China trade relations are being tested, with Mexico tariffs on Chinese imports and evolving Saudi Arabia-China economic relations adding to the complexity. These developments necessitate a closer look at China’s export strategies and the economic leverage in the US-China conflict, as they have profound implications for US consumer prices and tariffs globally. Which side has the upper hand in the new trade war? What does it mean for the global economy? What does it mean for stagflation risk and interest rates? Which currencies will do well and which will do poorly? David Woo, a former top-ranked Wall Street global macro strategist, tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew.
#TradeWar2024 #GlobalTradeTrends #USChinaConflict

Chapters:

0:00 Intro
0:53 Who Will Survive the Trade War?
1:36 Evidence for Protectionism
2:41 China
4:41 Is China Losing the World?
6:12 What Can China Do?
7:40 What about Europe?
9:07 China’s Way Out
9:56 My Predictions

Subscribe: https://www.youtube.com/c/DavidWooUnb...

Useful links:
• LinkedIn:   / david-woo-1479a492  
• Twitter:   / davidwoounbound  
• Wikipedia: https://en.wikipedia.org/wiki/David_Woo
. RIWI-Unbound: https://riwi.com/compass-series