Deputy Treasury Secretary Wally Adeyemo on China Investment EO, Inflation in the US

The transcript covers a discussion with the US Deputy Treasury Secretary on various economic topics. It begins with an analysis of recent inflation data and the economic growth trajectory, highlighting the progress made since last year. The conversation then shifts to the Inflation Reduction Act and its role in attracting investments and boosting economic resilience. The Deputy Secretary also discusses a new executive order aimed at limiting US investments in Chinese firms related to sensitive technologies, emphasizing national security. Finally, the US's ongoing support for Ukraine in its conflict with Russia is addressed, underscoring the broader global economic implications.

What is the current trend in inflation according to the Deputy Secretary?

• Inflation is stable and unchanged.

• Inflation is on a downward trajectory.

• Inflation is increasing rapidly.

• Inflation is unpredictable.

What is the expected trend for the U.S. economy in the next year?

• A significant increase in inflation.

• A stagnant economic growth.

• A robust labor market and strong economy.

• A decline in foreign investments.

How does the Deputy Secretary view the current investments in the U.S. economy?

• As a delay to an inevitable recession.

• As a means to increase productive capacity.

• As unnecessary and risky.

• As short-term economic gains.

What impact does the Deputy Secretary believe the investments will have on U.S. ports?

• They will be better positioned for supply management.

• They will remain unchanged.

• They will become less competitive.

• They will face more backlogs.

What is the Deputy Secretary's view on the potential for a recession?

• The investments will help avoid a recession.

• The economy is already in a recession.

• A recession is inevitable.

• A recession is delayed but unavoidable.

What is the purpose of the U.S. executive order on outbound investments to China?

• To encourage more investments in China.

• To protect U.S. national security.

• To increase trade with China.

• To reduce U.S. economic growth.

What is the U.S. stance on supporting Ukraine?

• The U.S. is reducing its support.

• The U.S. is committed to both military and economic support.

• The U.S. is neutral on the issue.

• The U.S. is providing only military aid.