The phase one trade deal signed by the United States and China was heralded by many as an important first step in reducing trade tensions between the two countries. Yet, the benefits of trade have come under increased scrutiny by policymakers across the political spectrum in the United States. What are some common misunderstandings surrounding trade deals? What should the United States’ trade policy with China be? How might the upcoming presidential election affect U.S. trade policy? Tune in as C. V. Starr Senior Fellow and Director for Asia Studies Elizabeth Economy discusses these questions with Fred Hochberg, former chairman and president of the Export-Import Bank of the United States and author of Trade is Not a Four Letter Word.