Oil Chiefs Warned Trump Team of Unrealistic Goals in China Deal

The video discusses the challenges faced by the US and China in fulfilling a trade deal amid the coronavirus outbreak. It highlights the impact on China's oil demand and the difficulties in meeting the agreed terms due to reduced demand and logistical constraints. The American Petroleum Institute (API) expresses concerns about the US's ability to export enough oil to China, given current infrastructure limitations.

What major global event has impacted China's ability to fulfill its trade commitments with the US?

• The Brexit deal

• The COVID-19 pandemic

• The US presidential election

• The Paris Climate Agreement

Why is the idea of China importing additional US energy and goods becoming questionable?

• China's economic growth

• China's trade policies

• China's existing energy surplus

• The impact of the coronavirus on demand

What is the main concern of the American Petroleum Institute regarding the US-China trade deal?

• US's ability to export enough oil

• China's ability to pay for US oil

• The environmental impact of increased oil exports

• The quality of US oil

What logistical challenge does the US face in meeting the oil export requirements of the trade deal?

• Limited oil production capacity

• High transportation costs

• Insufficient export ports and pipelines

• Lack of oil reserves

What does the API suggest is necessary for the US to benefit from the trade deal?

• Increasing oil prices

• Improving export infrastructure

• Reducing oil production

• Negotiating new trade terms