When President Trump announced sweeping tariffs on all Chinese imports, China retaliated back with tariffs of its own. Since February 2025, the US and China have engaged in a renewed trade war – and to this day, no agreement is in sight. Bill Bishop, a China expert and former media executive with more than a decade experience living and working in China, joins Chris Hayes to unpack the state of US-China trade relations under Trump 2.0. This conversation was recorded on July 29, 2025.

Tickets are on sale now for MSNBC Live – our second live community event featuring more than a dozen MSNBC hosts. The day-long event will be held on October 11th at Hammerstein Ballroom in Manhattan. To buy tickets visit msnbc.com/live25.