Coronavirus Is Hurting All Supply Chains, Says Former USTR Hills

The video discusses the impact of the coronavirus on global trade, highlighting how it disrupts trade relationships and supply chains. It questions the effectiveness of tariffs in current trade negotiations and suggests that collaboration with allies could yield better results. The video also addresses the complexity of supply chains and the widespread impact of the virus beyond China, affecting global markets and events like the Olympics.

What is one of the predicted effects of the coronavirus on global trade?

• Increase in global growth

• Decrease in global growth

• Improvement in trade relationships

• Stability in trade negotiations

Why might removing tariffs not solve the current trade flow issues?

• Tariffs are beneficial for trade

• Tariffs have already been removed

• Trade issues are due to the coronavirus, not tariffs

• Tariffs are the main cause of trade issues

What alternative strategy is suggested for negotiating market openings?

• Ignoring trade issues

• Increasing tariffs

• Focusing solely on China

• Collaborating with allies

Which countries are mentioned as having strong supply chains with the US?

• China and Japan

• Canada and Mexico

• India and South Korea

• Brazil and Argentina

What potential event is mentioned as being affected by the coronavirus?

• UN General Assembly

• G20 Summit

• Olympics

• World Cup