How do we reconcile “record-level” US-China imports and exports when tariffs remain on more than half of the trade between the two economies? Part 1 (02:28) describes the US-China trade war and tariff escalation of 2018-19. Part 2 (12:12) explains the trade truce and President Trump’s “phase one” agreement with China of January 2020. Part 3 (19:45) examines US export performance to China, including China’s $200 billion purchase commitments. Part 4 (33:39) explores US imports from China. Part 5 (40:34) considers what comes next, including the Indo-Pacific Economic Framework (Total: 45:43).

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