U.S. President Donald Trump announced plans to move forward with more sweeping tariffs, including a 50% duty on Chinese imports. In response, Beijing stated it is ready to fight until the end if the U.S. persists in waging a trade war.

As many as 70 governments have reportedly approached Washington to roll back the levies and negotiate new deals.

Joining the discussion: 

• Klisman Murati is the Founder of Pareto Economics, a global affairs research consultancy and Creator of the Global Power Index.
• Gita Wirjawan is a former Indonesian Trade Minister and a Visiting Scholar with the Precourt Institute for Energy at Stanford University.
• Anthony Chan is a former Chief Economist for JPMorgan Chase and Company.
• Yan Liang is a Chair Professor of Economics with Willamette University.