Chad Scott

speaker

9,524 appearances 30 recordings 2 series first heard Apr 2026 last heard 5d ago

Chad Scott’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 30 in all, peaking in Jul 2026 with 8.

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American Power · American Power Extra: Trump, Xi and the Race to Control the Future · 18 Sep 2026 podcast

Well, let's start with trade, because trade is probably the easiest place for Trump and she to walk away with something they can both announce to their countries.

And the foundations of a lot of their trade discussions go back to October thirtieth of twenty twenty five when Trump and she met in Busan, South Korea.

Both of them made an agreement that basically created this current so called trade ceasefire where the spiraling trade war between China and the United States cooled off because the US backed off on some of its tariffs and technology restrictions while China suspended some of its restrictions involving rare earths and other critical materials.

But we're seemingly renegotiating that truce again as there is disagreement over how long this truce should continue.

China reportedly wants an extension covering the remainder of Trump's term, basically two years as a guarantee that Trump's emotional state doesn't drive the future of their relationship.

But the United States is considering something much shorter, possibly around six months, because American officials believe China has not completely followed through on its earlier promises, especially when it comes to rare earth exports, where China is accused of holding back.

And so this makes that Bessent He Le Feng meaning this weekend extremely important.

And really, it just sets the stage for whether Trump and Xi walk into the White House with a nearly completed trade extension already sitting in front of them.

Yeah.

Or whether the two presidents themselves have to spend a good chunk of their time trying to settle

All of the problems that their staffs couldn't.

I can tell you up front, you never want the presidents themselves hashing out the major details that the staff could not.

And if anything, you just want them to talk about very small things.

On top of this, there's an informal understanding surrounding the overall tariff burden on Chinese goods from the US.

According to Chinese officials, the Trump administration agreed after the May summit to keep China's aggregate tariff burden at around twenty percent.

As of right now, Chinese goods are facing about a twelve point five percent tariff tied to Section three hundred one forced labor investigations.

Now, that does not necessarily mean the overall burden is only 12.5% because some Chinese products are also subject to other duties and trade measures.

But the Trump administration has now started other investigations into Section 301 violations in other sectors and could announce additional tariffs on top of these.

Now, the Trump administration may also delay when they actually take effect so as not to go over that 20% limit, but it allows the Trump administration to

Come forward to the media, announce tougher trade measures while still keeping China's overall tariff burden under the agreed upon twenty percent.

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