U.S. Affected More by Trade Uncertainty Than Tariffs, Economist Says

The video discusses the impact of trade policy uncertainty on business investments, highlighting a significant weakening in this area. It provides economic statistics, noting a potential decrease from 2.4% to 1.9%. The discussion shifts to US-China trade relations, examining the mood in Beijing and the urgency to move forward. The video concludes by comparing economic strategies in the US and China, noting China's control over stimulus tools and the pressure on the US due to upcoming elections.

What is the primary reason for the weakening in business investments according to the discussion?

• Consumer spending

• High tariffs

• Trade policy uncertainty

• Interest rates

What is the mood in Beijing regarding the urgency of trade negotiations?

• They are waiting for the US elections.

• They are focused on reducing uncertainty.

• They are indifferent to the timeline.

• They are in a hurry to finalize deals.

Which country has more control over its fiscal stimulus tools?

• United States

• Neither has control

• Both have equal control

• China

What is a critical difference between the US and China in terms of political pressures?

• Neither has political pressures.

• Both have upcoming elections.

• The US has an upcoming election.

• China has an upcoming election.

Why is there more pressure on the US side to reach a trade agreement?

• Due to China's economic growth

• Because of the US election in 2020

• Due to consumer demand

• Because of high tariffs