Viewsroom: Vicious trade cycle traps U.S., China
Viewsroom
Reuters
4.4 • 58 Ratings
🗓️ 8 August 2019
⏱️ 26 minutes
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| 0:00.0 | Olivia Culpo here to tell you all about the launch of the new Abercrombie spring denim collection, |
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| 0:34.3 | The views expressed on this podcast are those of the participants, not of Rorgers News. |
| 0:42.8 | Welcome to the Views Room, a podcast from Breaking Views. I'm Jennifer Sabah. |
| 0:48.5 | Viewroom co-host Anthony Curry will be joining me later in the show as we discuss a London Stock Exchange $27 billion deal for definitive. You'll want to stick around as we dive into whether the financial |
| 0:55.2 | data provider's majority owner Blackstone or its partner, Breaking View's parent, Thompson |
| 1:00.2 | Reuters, has gotten the better end of the deal. We kick it off, though, with the Trump administration's |
| 1:05.6 | decision to brand China a currency manipulator. It's the latest attack in the trade war between the two countries |
| 1:11.5 | started by the U.S. president, a conflict driven as our columnists explained by miscommunication |
| 1:17.1 | and unrealistic expectations on both sides. This is Gina Chan from Breaking View's |
| 1:24.0 | West Coast office in San Francisco. I'm talking to my colleague Pete Sweeney out in |
| 1:30.0 | Hong Kong after what's been a big week on the U.S.-China trade and currency front. So we're going |
| 1:37.6 | to try to unpack all the various drama that occurred over the last week. |
| 1:49.3 | So Pete, I wanted to first start out with the trade tensions themselves. |
| 1:56.9 | They've obviously been building, but they've also tried to step back at times with each time coming out of a Donald Trump Xi Jinping meeting, the last one which occurred earlier this year, |
| 2:04.8 | and they seem to have come to a truce, but then tensions have bubbled up again with Trump |
| 2:10.2 | imposing or threatening to impose tariffs on $300 billion in Chinese goods by September 1st. What is going on there after it seemed |
| 2:22.2 | like they were actually trying to make nice-nice with each other? Yeah, well, I think both sides |
| 2:29.3 | had unrealistic expectations of what would count as a truce for the other people and this miscommunication |
| 2:35.0 | has just been dragging on. I mean, but I mean, it's not just the trade truce ended, but it ended |
... |
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