Americans Are Paying Trump's Tariffs: Professor Hillman

The transcript discusses the complexities of US-China trade relations, focusing on the impact of tariffs on Americans and the long-standing concerns about intellectual property and state-owned enterprises in China. It highlights the initial motivations of the Trump administration to reduce the trade deficit and the challenges posed by the inclusion of Huawei and national security issues in negotiations.

What are some of the longstanding concerns the U.S. has with China?

• Cultural exchanges

• Military expansion

• Climate change policies

• Intellectual property theft and technology transfer

Who bears the cost of the tariffs imposed on Chinese imports?

• Chinese government

• American consumers

• Chinese manufacturers

• European traders

What has been the impact of the trade war on American farmers?

• Increased access to Chinese markets

• Higher farm incomes

• Loss of markets and suppressed incomes

• More government subsidies

What was the initial goal of the U.S. in the trade negotiations with China?

• To enhance tourism

• To promote military cooperation

• To reduce the bilateral trade deficit

• To increase cultural exchanges

How did the inclusion of Huawei affect the trade negotiations?

• It added complexity due to national security concerns

• It led to immediate resolution

• It had no impact

• It simplified the negotiations