Outlook on U.S. trade barriers, China's economy: Nobel laureate Prof. Spence

Outlook on U.S. trade barriers, China's economy: Nobel laureate Prof. Spence



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U.S. President Donald Trump has threatened to impose 25 percent tariffs on all goods from Canada and Mexico starting February 1. This is part of his promised raft of new tariffs, which has raised concerns about a potential inflation uptick. Rising U.S. trade barriers have also sparked fears among investors about the possible harm to global trade. So, how should we interpret U.S. trade decisions? And, as China expands in international markets, what’s the best way to maintain momentum? On these topics, CGTN’s Tian Wei spoke with Nobel Prize-winning economist Michael Spence.

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