Nathalie Kitcheroef

It's amazing to think, Keith, that this had an even more damaging effect than the U.S. housing crisis did in America. I mean, we think of that as one of the worst moments economically in this country in recent history. What's the government's response in China?

It's amazing to think, Keith, that this had an even more damaging effect than the U.S. housing crisis did in America. I mean, we think of that as one of the worst moments economically in this country in recent history. What's the government's response in China?

And does it work? I mean, do the factory jobs make up for all the losses in the housing sector?

And does it work? I mean, do the factory jobs make up for all the losses in the housing sector?

We'll be right back. Keith, the impression that I'm left with is that as these Trump officials met with their Chinese counterparts this weekend, they confronted an adversary that was actually quite vulnerable, facing a lot of pressures of its own internally. So take me through a little bit what China had done up until this weekend to at least try to mitigate some of the damage of Trump's tariffs.

We'll be right back. Keith, the impression that I'm left with is that as these Trump officials met with their Chinese counterparts this weekend, they confronted an adversary that was actually quite vulnerable, facing a lot of pressures of its own internally. So take me through a little bit what China had done up until this weekend to at least try to mitigate some of the damage of Trump's tariffs.

What about China's direct response to the United States, the actions it's taken targeting the U.S. economy? What do you make of those?

What about China's direct response to the United States, the actions it's taken targeting the U.S. economy? What do you make of those?

Right. I mean, it sounds like there's these limits or potential obstacles to many of China's retaliatory measures here. I'm wondering, what about China turning around and selling to the EU, you know, the world's other real major consumer economy? I mean, the U.S. is an important, perhaps the important consumer, but it is just one country. Right.

Right. I mean, it sounds like there's these limits or potential obstacles to many of China's retaliatory measures here. I'm wondering, what about China turning around and selling to the EU, you know, the world's other real major consumer economy? I mean, the U.S. is an important, perhaps the important consumer, but it is just one country. Right.

Right. These countries agree with some of the premise, if not the execution of these Trump tariffs. And it sounds like that may contribute to the bind that China could face, where it could become really difficult to avoid the pain of these tariffs. And so can you help me understand what that looks like, Keith, what that pain means both for the Chinese government and for the Chinese people?

Right. These countries agree with some of the premise, if not the execution of these Trump tariffs. And it sounds like that may contribute to the bind that China could face, where it could become really difficult to avoid the pain of these tariffs. And so can you help me understand what that looks like, Keith, what that pain means both for the Chinese government and for the Chinese people?

Right. I wanted to ask you about that, Keith, because I hear you that while this pain is there, Beijing is doing everything possible to hide it from the world, to hide it from its own people. But the pain still exists. Right. And I have to imagine that those dynamics are part of what potentially pushed China to the negotiating table this weekend. Right.

Right. I wanted to ask you about that, Keith, because I hear you that while this pain is there, Beijing is doing everything possible to hide it from the world, to hide it from its own people. But the pain still exists. Right. And I have to imagine that those dynamics are part of what potentially pushed China to the negotiating table this weekend. Right.

So as these negotiations progress, what do you think is the best case and worst case scenario?

So as these negotiations progress, what do you think is the best case and worst case scenario?

Well, I'm wondering, actually, whether there is a best and worst case for both sides. Is there a compromise here that could work?

Well, I'm wondering, actually, whether there is a best and worst case for both sides. Is there a compromise here that could work?

Right.

Right.