Everyone Is a Loser in Trade War Long Term, Says UBP's Calder

The video discusses the US-initiated trade war aimed at addressing long-standing trade imbalances. It explores the potential short-term losses for other countries and the broader implications for global growth. The discussion also covers market reactions, particularly in China, and the potential impact on earnings. The broader implications for Asia, considering supply chains, are also examined, highlighting the long-term negative effects on the region.

What is the primary reason the US initiated the current trade war?

• To address long-standing trade imbalances

• To strengthen diplomatic relations

• To increase domestic production

• To reduce unemployment

What could be a consequence of sustained tariffs according to the first section?

• Higher employment rates

• Suffering global growth

• Increased global growth

• Improved international relations

How has the equity market responded to the initial tariffs?

• By fully pricing them in

• By increasing stock prices

• By ignoring them

• By starting to price them in

Which sectors in China have seen downward revisions?

• Agriculture and manufacturing

• Retail and tourism

• Technology and financials

• Healthcare and education

What is a potential long-term effect of the trade war on Asia?

• Improved economic growth

• Increased foreign investments

• Negative impact on the region

• Strengthened supply chains