Very Important That Dec. 15 Tariffs Don't Go Into Effect, Baucus Says

Very Important That Dec. 15 Tariffs Don't Go Into Effect, Baucus Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the potential interim trade deal between the US and China, emphasizing the importance of not increasing tariffs on December 15. It highlights the challenges in enforcing the deal due to the lack of an international tribunal. The US strategy of potentially reducing tariffs with a snapback option is explored, along with cultural and political dynamics between the two nations. The video concludes with the importance of leadership in stabilizing markets and maintaining relations.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important for the US not to implement the December 15 tariffs?

To reduce the US trade deficit

To increase US exports

To improve relations with Europe

To avoid strengthening hardliners in China

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key challenge in ensuring both parties adhere to the trade deal?

Language barriers

Lack of an international tribunal

High transportation costs

Cultural differences

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What proposal did Bloomberg report regarding US tariffs?

Increasing tariffs by 50%

Suspending tariffs indefinitely

Cutting tariffs by 50% with a snapback option

Eliminating all tariffs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do Chinese people generally feel about Americans?

They dislike American values

They are indifferent to Americans

They admire American values

They are hostile towards Americans

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is important for both President Trump and President Xi in the trade negotiations?

Saving face

Gaining military advantage

Increasing tariffs

Reducing environmental impact