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Truce or trap: Decoding the US-China trade pause

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Manage episode 482752268 series 41508
Content provided by Mark Leonard's World in 30 Minutes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mark Leonard's World in 30 Minutes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Far from a grand bargain, the US-China trade deal rolls back President Donald Trump’s post-Liberation Day tariff spiral—which peaked at 145%—to pre-April levels. This will avert empty US shelves, but leaves underlying tensions unresolved. In this emergency room episode, Mark Leonard welcomes Janka Oertel, head of ECFR’s Asia programme, to dissect the recent de-escalation, which the parties agreed this week in Geneva.

The conversation explores who holds the upper hand, the prospects for a 90-day negotiation period, and the broader clash between deal-making instincts and systemic rivalry. For Europe, caught between US pressure and a less desperate China, the stakes are high as it navigates an upcoming EU-China summit. Is this a fleeting truce or a sign of deeper shifts in global trade?


This episode was recorded on May 14.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

569 episodes

Artwork
iconShare
 
Manage episode 482752268 series 41508
Content provided by Mark Leonard's World in 30 Minutes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mark Leonard's World in 30 Minutes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Far from a grand bargain, the US-China trade deal rolls back President Donald Trump’s post-Liberation Day tariff spiral—which peaked at 145%—to pre-April levels. This will avert empty US shelves, but leaves underlying tensions unresolved. In this emergency room episode, Mark Leonard welcomes Janka Oertel, head of ECFR’s Asia programme, to dissect the recent de-escalation, which the parties agreed this week in Geneva.

The conversation explores who holds the upper hand, the prospects for a 90-day negotiation period, and the broader clash between deal-making instincts and systemic rivalry. For Europe, caught between US pressure and a less desperate China, the stakes are high as it navigates an upcoming EU-China summit. Is this a fleeting truce or a sign of deeper shifts in global trade?


This episode was recorded on May 14.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

569 episodes

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