U.S. Proposes Tariffs in Response to EU Airbus Subsidies

U.S. Proposes Tariffs in Response to EU Airbus Subsidies

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the ongoing trade dispute between the US and the EU over subsidies to Airbus, which has led the US to propose $11 billion in tariffs on European products, including Airbus aircraft. The WTO is expected to rule on the subsidy amounts, and the US is preparing to adjust its tariff list accordingly. This move is seen as a strategy to pressure the EU into negotiations, with significant implications for Boeing and Airbus. The video also touches on broader US trade tensions with other countries, highlighting the Trump administration's hardline approach to trade imbalances.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason for the US proposing tariffs on European products?

To reduce the US trade deficit

To improve US-EU relations

To support Boeing against Airbus

To increase the price of European cheese

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does the WTO play in the US-EU trade dispute?

It determines the amount of EU subsidies

It enforces the tariffs

It negotiates between the US and EU

It sets the tariff rates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might the proposed tariffs affect Boeing?

They could force Boeing to relocate

They could provide a competitive advantage to Boeing

They could increase Boeing's production costs

They could lead to Boeing's bankruptcy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key characteristic of the Trump administration's trade policy?

A preference for multilateral agreements

A focus on reducing tariffs

A hardline approach to trade imbalances

A strategy of increasing imports

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries are mentioned as part of the US's trade tensions?

Australia and New Zealand

China and Mexico

India and Brazil

Russia and South Africa