Big Take Podcast

Former US-China Ambassador Nicholas Burns on the Trade War and Diplomacy

“We've gotta steel ourselves for the next decade or two to a historic competition with China. And China right now is stronger.”

Nicolas Burns

Photographer: Qilai Shen/Bloomberg

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As of this week, the trade war between the US and China is on pause, with both sides hoping to agree on a new trade deal by early August. But questions remain about how realistic that timetable could be, given the challenges facing the world’s two largest economies, who both collaborate and compete with one another.