Transshipment and trade deficit trends

US Trade Representative Jamieson Greer joins Annmarie Hordern on Bloomberg TV to discuss the idea that the US is insulated from supply chain effects from the Strait of Hormuz, as well as to discuss the Trump administration’s perceived shortfall of the World Trade Organization and the possibility of a returning to a 20% tariff level with China. Greer says, “I see stability with China over the next year” as the nations prepare for talks in May.

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