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The Duran Podcast

Off-ramp to US-China tariff war

The Duran Podcast

The Duran

News

4.5738 Ratings

🗓️ 27 April 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

Off-ramp to US-China tariff war

Transcript

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0:00.0

All right, Alexander, let's do an update on the U.S.-China tariff war.

0:06.5

And it does look like we are starting to get statements from both the U.S. and from China

0:13.1

that we could be moving towards some sort of de-escalation.

0:20.5

I'm not quite sure how significant of a de-escalation is going to be. I'm not

0:25.2

sure if we're getting any closer to some sort of a bilateral negotiation, which I imagine is the

0:31.6

ultimate goal, is to get both sides at the table. So they can discuss how to move forward, how to move towards a manish divorce,

0:41.2

I think is the best outcome.

0:43.4

What are your thoughts on where we're going with the tariff?

0:46.6

Absolutely.

0:47.2

I think that is exactly what's happened.

0:48.6

Now, I mean, there are a lot of reports circulating in the media, including the British media, by the way,

0:55.5

that within two weeks' time, there will start to be visible shortages of goods in US stores.

1:03.5

And this is now putting pressure on Trump.

1:05.6

I don't know whether that's true, could be.

1:07.7

And there are also other reports that Chinese factories of stock production. Again,

1:13.6

probably true. But again, the extent to which that is true is difficult to say. But we've had the

1:21.8

first comment from Trump. He speaks about the fact that China and the United States are going to see tariffs

1:30.8

reduced. He importantly, he accepted, he acknowledged that the current tariffs are unsustainable,

1:39.8

which is, of course, well, we have been saying for the last two or three weeks, but he's

1:45.5

accepted that the current tariffs that China and the United States have against each other

1:50.6

are just unsustainable.

1:52.4

He said the tariffs will come down, they won't come back down back to where they were

...

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