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Bloomberg Television · Trump's China Deals Are Just "Performance," Says Ex-US Trade Rep
- 1. Former US Trade Rep Katherine Tai asserts current U.S.-China trade talks represent performance, not true rebalancing.
- 2. China's commitments to purchase U.S. soybeans and Boeing jets remain largely unfulfilled.
- 3. The US greenlighting H200 chips while China avoids buying signals deep distrust and policy incoherence.
- 4. China maintains a dominant, "choke point" position in global strategic sectors like rare earths.
- 5. China's strategy of doubling down on manufacturing dominance risks a "second China shock" globally.