Welcome back to the 10 Blocks podcast. This is Paul Bestin, the managing editor of City Journal,

stepping in for Brian Anderson. Today on the show, I'll talk with Milton as Roddy.

Milton writes about economic policy for City Journal and other publications, and he's here to

give us an update on the trade standoff between China and the United States. The issue has heated up

again, so we thought it would be a good time to bring Milton back

and get some insight on what's happening and what it means.

We'll take a quick break and return with Milton as Roddy after the music.

We'll take a quick break and return with Milton is Roddy after the music. This is Paul Beston.

Joining me in the studio today to talk about U.S.-China trade issues is Milton Ezradi.

Milton is a nationally regarded economist who's had a successful career in the

financial industry. Retiring as the chief economist for investment manager Lord Abbott in 2015.

He now serves as chief economist for Vested, and he always has valuable insight on what's going on

in the global economy. You can follow him on Twitter at Milton as Roddy. And this is, in fact,

his third time on the 10 Block's podcast, and we're thrilled to have him back. Milton, thanks for

being here today. It's a pleasure. So trade policy and monetary policy are subjects that I think

most laymen understand only dimly if I'm anything

like most layman. For the benefit of a general audience, just to start us off here, could you give

a kind of overview of the U.S.-China trade dispute starting from, let's make it simple,

from when Trump took office? So in other words, how did his

policies break from the past or purport to break from the past? How have they unfolded during his

tenure up to now? And where do we stand in the current situation? Well, Trump actually did not

invent the issues. He did not invent the issues we're dealing with now.

...