In this second installment of S&P Global’s “China Insights” video series, S&P Global Ratings’ Chief Global Economist, Paul Gruenwald, explains that there are pros and cons to US-China tariff negotiations. Pros such as “opening the economy to more foreign investment, enforcing more protection for intellectual property rights and creating a level playing field” are opposed by cons, such as the US potentially loosing “some prestige in the global arena.”
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