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The tariff dispute is turning into a test of strength between the world's two largest economies. Who has the greater negotiating power in the trade war?

Relations between the USA and China have reached a low point. The trade conflict has escalated rapidly, the two superpowers are decoupling economically and the dispute is costing growth and prosperity. Trump wants to force Xi to give in, while China sees its chance to become a more attractive partner again in the rest of the world.

Has Trump underestimated China? How dependent are the two countries on each other? How should the Swiss economy position itself and will the two world powers manage to defuse the conflict after all? Andi Lüscher discusses this with HSG professor James Davis and sinologist Simona Grano from the University of Zurich.