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US Is Not In a Position to Win The China Trade War 'Right Now' Says Bown
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May 13, 2026
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7:20Now PlayingChad Bown, senior fellow at PIIE and former Chief Economist at the US Department of State joins Balance of Power to discuss the Trump, Xi Summit in China and what the hopes of this summit might have on the future of trade between the two countries. Trade negotiators led by US Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng held talks in Seoul to prepare for this week’s summit between the leaders of the world’s two biggest economies.
The war in Iran and the latest developments in bilateral trade were likely among the topics topping the agenda during talks lasting about three hours, which concluded around 3:50 p.m. local time. The teams last met face-to-face in Paris two months ago, not long after the US and Israel attacked Iran.
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