Is there a better strategy to rebalance U.S.-China trade?

For months, the U.S. and China have traded tit-for-tat trade threats, but the battle between the world's two largest economies escalated to new levels Tuesday. Most recently, President Trump warned that he may impose tariffs on 90 percent of everything China exports to the U.S. Nick Schifrin examines the potential consequences with Edward Alden from the Council on Foreign Relations.