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What Trump's China Visit Actually Achieved.

Patrick Boyle

Try Mammouth AI now at http://mammouth.ai As Donald Trump and Xi Jinping wrap up their summit in Beijing with little more to show for it than a few awkward handshakes, the media is left wondering where the big breakthrough went. But as we explore in this video, the failure of the "beans and Boeings" summit wasn’t a political failure—it was a certainty. Relying on the insights of economist Michael Pettis, we break down why trade surpluses and deficits are driven by domestic savings and investment choices, rather than trade policies or tariffs. From China’s systematic suppression of household co