U.S.-China Trade Talks: What's the End Game?

Trade tensions are on the rise after President Trump threatened to put tariffs on $200 billion of Chinese goods. Kevin Miller, CIO of E-Valuator Funds, joins Cheddar to break down what this means for investors.

The administration confirmed Wednesday that it would raise the proposed tax rate on $200 billion worth of Chinese goods from 10 percent to 25 percent, further escalating trade tensions between the two countries.

John Petrides, managing director and portfolio manager at Point View Wealth Management, discusses what could be an emerging trade war between the U.S. and China. The U.S. announced what Chinese goods it plans to place tariffs on. China then announced more tariffs on U.S. goods such as soybeans and auto parts. Petrides does not think the actions by both countries will derail the global economy, even though markets plunged on the news.