The U.S.-China trade war remains a rollercoaster ride, with U.S. President Trump suggesting the possibility of lower tariffs and a trade deal. At the same time, the United States is moving forward with a proposal that could upend the global shipping industry by imposing huge fees on any Chinese-made or Chinese-operated vessels docking at U.S. ports. Meanwhile, Chinese President Xi Jinping has suspended all aircraft purchases from U.S. firm Boeing. How likely is a new trade deal before irreversible economic damage is done? This episode explores the latest trade war developments, the likelihood of negotiations between Trump and Xi, and the use of new protectionist tactics.
