How should we characterize the bilateral economic relations between the United States and China following the meeting between Trump and Xi? In an interview on CNBC, BWC Member Jason Furman helps us make sense of the current situation between the world’s two largest economies by analyzing the evolution of their relationship. From the tariffs imposed on China last year to this month’s crucial summit, Jason Furman explains why the United States has limited leverage in this bilateral relationship.

To watch more, click here.

All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.