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CNA938 Rewind - EU-US tariff deal: Is 15% the lesser evil?

CNA938 Rewind - EU-US tariff deal: Is 15% the lesser evil? The EU and US have reached a preliminary 15% tariff deal, ending the months-long standoff just before the August 1st deadline. Though it is lower than the 30% that the US had previously threatened, to what extent is this trade deal beneficial for both sides? On a side note, the EU-China summit in Beijing was truncated to a one-day event after China's President Xi Jinping declined to travel to Brussels. Was it still significant despite the absence of a formal joint communique and the lack of deliverables? Andrea Heng and Susan Ng find out from Alex Capri, Senior Lecturer, NUS Business School.