What Nafta Talks Mean in Light of Trump Tariffs

The video discusses recent US trade tariffs on solar panels and washing machines, exploring their potential to spark a trade war with China. It examines the global economic impact of escalating trade conflicts, particularly on trade-exposed economies. The discussion includes China's restrained response and possible future tariffs on steel and aluminum. The video also covers the ongoing NAFTA negotiations and the US's withdrawal from the TPP, highlighting the broader implications of US trade policies.

What products were recently targeted by the White House tariffs?

• Automobiles and electronics

• Steel and aluminum

• Textiles and footwear

• Solar panels and washing machines

What action has China considered in response to the US tariffs?

• Taking the issue to the WTO

• Negotiating a new trade deal

• Increasing exports to the US

• Imposing tariffs on US goods

How might escalating trade conflicts affect global growth?

• They could undermine positive growth projections

• They could lead to increased trade

• They could boost global growth

• They might have no impact

Why have the recent tariffs been largely symbolic for China?

• China has already retaliated with its own tariffs

• China has no trade relations with the US

• Chinese solar companies have little exposure to the US market

• The tariffs do not affect any Chinese industries

What is the current status of the NAFTA negotiations?

• They are in the first round

• They have been canceled

• They have been completed

• They are in the sixth round

What is the likelihood of the US rejoining the TPP?

• Unlikely at this time

• Somewhat likely

• Very likely

• Already rejoined

What is the significance of the TPP 11 countries' agreement?

• It shows the US's continued influence

• It is a temporary measure

• It has no impact on global trade

• It indicates a shift away from US-led trade agreements