Stengel: U.S.-China Relationship ‘Is Going To Be Tied Together Economically for the Foreseeable Future’

EXCERPT:

STENGEL: "Well, again, as I said, they hold a lot of our debt. They make most of the products and the batteries in electric cars, they have a corner on the market of precious metals that we need for some of that. They want access to our computer chips, our most sophisticated computer chips so they can improve their AI research. So, there’s a lot to bargain with, and our relationship is going to be tied together economically for the foreseeable future."