Since the time you follow us on Croblanc, you are beginning to be used to hear about the Youtube channel Bloomberg Television, and its viral videos that are always talked about on the web, and even beyond! That's why we decided to make an article about it, because we are sure that you will like this new video.
You're starting to get used to it, each time a new video is released on the Bloomberg Television Youtube channel, we try to offer it to you as soon as possible on our website. We invite you to discover without further delay the video How Can the US-China Trade War End? by going on the player right here!
The video has been posted for less than an hour and is currently the talk of the web. Usually the new videos of the Youtube channel Bloomberg Television are much less talked about. Soon in trends? That's all the bad news we wish him, considering the work this channel has been doing for many years now!
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For your information, you can find below the description of the video How Can the US-China Trade War End? published by the Youtube channel Bloomberg Television:
President Donald Trump has floated talks with his Chinese counterpart more than half a dozen times since the trade war started. But prospects look remote, even as their tariff fight appears to have peaked.
Inflicting trade pain is unlikely to bring President Xi Jinping to the negotiating table. Instead, Chinese authorities seem intent on proving that they can withstand more economic and political suffering than their archrival.
On Friday, Beijing hiked tariffs on all US goods to 125%, mirroring a move by the White House that pushed duties on Chinese imports to the same level, on top of an existing 20% tax. China said it won’t match any further hikes, calling the repeated use of steep tariffs economically meaningless, but reiterated its vow to “fight to the end” with other, unspecified countermeasures.
“The fact that the Chinese authorities have once again matched US tariff hikes suggests that they are in no rush to negotiate with the Trump administration,” said Julian Evans-Pritchard, head of China economics at Capital Economics.
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