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Viewsroom

The China-US trade war is set to keep spiraling

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 24 April 2025

⏱️ 25 minutes

🧾️ Download transcript

Summary

Across multiple administrations and both political parties, the United States has steadily sought to contain the rise of the People’s Republic. In this week’s Viewsroom podcast, Breakingviews columnists discuss the measurable extent of the break between the global titans. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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But it knows nothing about your work. Slackbot is different. It doesn't just know the facts.

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It knows your schedule. It can turn a brainstorm into a brief and it doesn't need to be taught.

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Because Slackbot isn't just another

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AI. It's AI that knows your work as well as you do. Visit Slack.com forward slash meet Slackbot

0:28.8

to learn more. The views expressed on this podcast are those of the participants, not of Roger's News.

0:39.9

But even theoretically, if China did want to sell off even, you know, just a decent

0:45.0

chunk of treasuries to send a warning, going into negotiations, for example, like, it

0:50.1

would probably trigger a global panic and send the value of their remaining holdings through

0:54.0

the floor.

0:56.8

And that would leave the People's Bank of China with less capacity to manage the one, Yuan.

1:02.4

So really, it's quite a dangerous game to play, and I don't think anyone is super keen to play it.

1:11.3

America and China have had a fractious relationship in recent years.

1:15.8

Still, countless recent US presidents have expressed a contradictory view on the world's

1:21.1

second largest economy, sometimes referring to it as an adversary and sometimes thinking

1:26.4

of it as a partner.

1:28.9

But Donald Trump's presidency has killed off a lot of that ambiguity. Enormous trade tariffs have now been erected by

1:35.2

both economies and the implications of this breakdown in the Sino-American relationship is the focus

1:41.2

of this week's views room.

1:46.6

Welcome back to the Views Room,

1:49.2

the weekly podcast that invites you the listener into a lively debate with breaking views columnists every week.

1:52.6

I'm your host, Amy Donnellan.

...

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