Trump Tariff Delay Shows He's Worried About Consumer Backlash, NFTC's Yerxa Says

The video discusses the impact of tariffs on consumers, highlighting the president's implicit admission that consumers, not China, bear the cost. It explores concerns about consumer backlash and business uncertainty, emphasizing the division of tariffs based on consumer impact. The discussion also covers trade negotiations between the US and China, considering political contexts like Hong Kong. The uncertainty created by these tariffs affects business investment and economic growth, with potential long-term consequences for both the US and China.

What is one of the key admissions made by the president regarding tariffs?

• China is paying for the tariffs.

• Consumers are bearing the cost of tariffs.

• Tariffs are beneficial for all parties involved.

• Tariffs have no impact on the economy.

What is a major concern for the U.S. administration in the context of tariffs?

• A potential consumer backlash due to rising prices.

• The effect on global trade relations.

• Pressure from multinational companies.

• The impact on the Chinese economy.

What is the significance of the planned phone calls between the U.S. and China?

• They indicate a breakdown in talks.

• They show a willingness to continue discussions.

• They confirm a new trade agreement.

• They suggest a complete withdrawal of tariffs.

How has the uncertainty from tariffs affected business investment?

• It has led to increased investment.

• It has caused businesses to expand rapidly.

• It has had no impact on business decisions.

• It has resulted in companies cutting back on expansion.

What is a potential long-term consequence of a protracted tariff war?

• Increased job creation in the U.S.

• Strengthened relations between the U.S. and China.

• Harm to both the U.S. and Chinese economies.

• Immediate resolution of trade disputes.