4.9 • 1.1K Ratings
🗓️ 10 April 2025
⏱️ 68 minutes
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After Beijing retaliated to U.S. tariffs, President Donald Trump has now announced a tariff hike to 125 percent on Chinese products—and a 90-day pause on reciprocal tariffs on other countries.
To understand what’s really going on, we’re speaking with one of the world’s leading experts on the Chinese economy.
Christopher Balding was a professor at Peking University’s HSBC School of Business until 2018 when he was fired for pushing back against censorship. Now, he is a senior fellow at the Henry Jackson Society and the founder of New Kite Data Labs.
“I think President Trump wants to push a very deep, ongoing decoupling from China, and I think he wants to promote that decoupling, not just with China, but [by] drawing at least a secondary moat around near allies like Mexico, Canada, parts of Europe, Japan, and South Korea,” Balding says.
Views expressed in this video are opinions of the host and the guest, and do not necessarily reflect the views of The Epoch Times.
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0:00.0 | Today, President Trump announced 125% tariffs on China. |
0:05.3 | They are in a Cold War with the United States. |
0:08.3 | I think President Trump wants to push a very deep ongoing decoupling from China. |
0:15.2 | And I think he wants to promote that decoupling not just with China, |
0:20.4 | but with, let's say, drawing at least a secondary |
0:23.8 | moat around near allies, like Mexico, Canada, parts of Europe, Japan, and South Korea. |
0:30.5 | There are very few people who understand the Chinese economy and trade with the United States, |
0:35.8 | as well as Christopher Balding. |
0:37.7 | He was a professor at Peking University's HSBC School of Business until 2018, when he was |
0:43.6 | fired for pushing back against censorship. |
0:46.8 | Now he's a senior fellow at the Henry Jackson Society and founder of New Kite Data Labs. |
0:52.3 | President Trump is looking to close those loopholes. |
0:55.6 | They wanted to provoke these negotiations |
0:58.2 | and basically say, |
0:59.7 | who are the countries that are going to be with us |
1:02.2 | and who are the countries that are not going to be with us? |
1:04.9 | This is American Thought Leaders, and I'm Yanya Kellick. |
1:11.4 | Christopher Balding, such a pleasure to have you on American Thought Leaders. |
1:15.3 | Thank you for having me, Jan. |
1:17.4 | Christopher, you are one of the people I go to in terms of understanding the Chinese economy |
1:23.0 | and the U.S.-China trade relationship. |
1:25.3 | Hot off the presence, President Trump has announced 125% |
... |
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