Trump Says He's Open to Letting March 1 China Tariffs Deadline Slide

The transcript discusses the current financial relations between the United States and China, focusing on tariffs and trade deals. The speaker expresses satisfaction with the current situation, highlighting the financial benefits from tariffs imposed on China. There is an expectation of a meeting with President Xi to finalize parts of a trade deal. The speaker also mentions the possibility of adjusting tariffs if a favorable deal is close, but generally prefers to maintain the current tariff structure.

What significant change has occurred in the financial relationship between the US and China?

• The US started paying China billions monthly.

• China began paying the US billions monthly.

• The US stopped trading with China.

• China stopped trading with the US.

What is the speaker's intention regarding President Xi?

• To start a new trade war.

• To finalize parts of a trade deal.

• To impose more tariffs on China.

• To cancel all trade agreements.

What is the current tariff rate on $50 billion worth of goods?

• 25%

• 15%

• 10%

• 20%

What will happen to the tariff on $200 billion worth of goods if no deal is reached by March 1st?

• It will increase to 25%.

• It will remain at 10%.

• It will decrease to 5%.

• It will be eliminated.

What is the speaker's general inclination regarding the tariff increase?

• To let it slide indefinitely.

• To implement it immediately.

• To delay it if a deal is close.

• To cancel it altogether.