Countdown to More U.S. Tariffs as Data Shows Grim Economic Picture

The video discusses the ongoing trade tensions between the US and China, highlighting the impact on exports and corporate profits. It examines the effects on US corporations and Chinese smartphone makers, particularly Apple and Xiaomi. The transcript includes an interview with Xiaomi's CEO, discussing the company's strategy and the anticipated impact of 5G technology. The video concludes with Xiaomi's focus on European markets amid trade tensions.

What was the trend in Chinese exports to the US in the last quarter of 2018?

• They were unaffected by trade tensions.

• They remained stable.

• They increased significantly.

• They slowed down significantly.

What is the consensus view on the outcome of the US-China trade talks?

• An interim deal is more likely.

• A complete resolution is expected.

• Tariffs will be increased.

• No deal will be reached.

Which company cited the trade war as a significant reason for its forecast cut?

• Apple

• Sony

• Nokia

• Huawei

What is Xiaomi's focus for its overseas expansion?

• The African market

• The European market

• The Australian market

• The US market

What technology does Xiaomi anticipate will increase smartphone demand?

• Blockchain

• AI

• 5G

• 4G