Steel, Aluminum Tariffs Are 'Losing Proposition' for Trump Administration, Says NFTC President

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major issue in the negotiation of international trade agreements as discussed in the video?
Excessive media coverage
Lack of transparency
Too many stakeholders
Overly simple agreements
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are U.S. companies hesitant to enter the Chinese market, according to the video?
High taxes
Cultural differences
Requirement for minority ownership
Lack of demand
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor that U.S. companies want in trade agreements with China?
More subsidies
Foreign ownership rights
Lower labor costs
Increased import quotas
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main pressures on the U.S. administration regarding trade agreements?
Increasing tariffs on luxury goods
Reducing trade with Canada
Improving relations with Europe
Addressing the impact on American farmers
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge for U.S. farmers due to current trade policies?
Lack of technological advancement
Increased competition from local markets
Loss of significant export markets
Higher production costs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a consequence of the U.S. withdrawing from the TPP?
Higher tariffs on U.S. goods
Increased exports to Europe
Loss of preferential trade deals
Improved relations with China
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy does the video suggest the U.S. should adopt to improve trade relations?
Increase tariffs on all imports
Re-engage in multilateral trade deals
Focus solely on bilateral agreements
Limit trade to neighboring countries
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