Markets React to Trump Meeting with Xi at G-20 Summit

China retaliated against U.S. tariffs with increases of their own, escalating the ongoing trade war. Guy Smith, special advisor to President Clinton, discusses the impact on the American economy.

President Trump has arrived in Japan for the G20 summit, with plans to meet with Chinese President Xi Jinping amid the ongoing trade war. Edward Stringham, president of the American Institute for Economic Research, discusses what's at stake.

The coronavirus pandemic has added a new wrinkle in the battle for economic supremacy between the United States and China. But while the U.S. and most of the world struggled to overcome economic woes during the pandemic, China was the Only Major Economy to Report Economic Growth for 2020, expanding its GDP by over 2%. Shehzad Qazi, Managing Director of China Beige Book International, explains why this story is overblown and discusses what we should expect to see when it comes to U.S.-China relations at the start of the Biden administration.