Impact of Trump Tariffs on Tech

The video discusses the impact of trade policies on the auto sector between the US, Canada, and Mexico, highlighting the integrated production and potential disruptions. It also examines the US-China trade relations, focusing on the effects of tariffs on technology companies and supply chains. The economic implications of tariffs, including inflation and CEO strategies, are explored. Finally, the video analyzes the impact of tariffs on global trade flows, noting diversions to countries like Vietnam and Mexico.

What is the significance of the auto sector in trade between the US, Canada, and Mexico?

• It is the least important export sector.

• It is the most important export sector after fuel.

• It only involves US and Mexico.

• It is not affected by trade policies.

How have US technology companies been affected by the trade relationship with China?

• They have increased their dependence on Chinese parts.

• They have faced challenges in moving supply chains out of China.

• They have completely moved their supply chains out of China.

• They have stopped trading with China entirely.

What was the impact of the first trade war on US-China trade?

• Trade value increased by 30%.

• Trade value dropped by about 30%.

• There was no change in trade value.

• Trade value doubled.

Which countries benefited from the diversion of trade due to tariffs?

• Only African countries.

• Only European countries.

• Vietnam and other Southeast Asian countries.

• Only the United States.

What is a potential macroeconomic effect of increased tariffs?

• Decrease in inflation.

• Increase in inflation.

• No effect on inflation.

• Deflation.