Techonomy's Kirkpatrick on U.S.-China Trade Dispute

The video discusses the complexities of US-China trade relations, focusing on tariffs and intellectual property issues. It highlights the intertwined nature of the US and Chinese economies, particularly in the tech sector, and the potential impacts of a trade war. Apple is used as a case study to illustrate the risks of market dependency on China. The discussion concludes with a call for global trade agreements to address these challenges.

What is one of the main concerns of the US regarding China's trade practices?

• China's dominance in the tech sector

• China's refusal to trade with the US

• China's predatory practices with intellectual property

• China's high tariffs on US goods

How are the US and Chinese economies described in the context of a potential trade war?

• Completely independent

• Not affected by each other

• Slightly connected

• Deeply intertwined

What percentage of Apple's profits is derived from China?

• 15%

• 10%

• 20%

• 25%

What could be a consequence if the Chinese government bans Apple products?

• Global markets would plummet

• Apple would increase production in China

• Apple would gain more market share

• Apple's stock would rise

What is a suggested solution to address the issues between the US and China?

• Increasing tariffs

• Ignoring the issues

• Banning Chinese products

• A global trade compact

What is a significant change in China's tech sector over the past decade?

• It has declined

• It has evolved enormously

• It has remained stagnant

• It has become less competitive

What is a potential risk if the US does not establish a national policy on tech matters?

• The US will dominate the tech sector

• China will dominate the tech sector

• The US will have no competition

• China will stop innovating