Gayeski: Trump Is Not a Corporatist President

The video discusses the potential for business growth in the US, highlighting the Ford CEO's comments and the current administration's hawkish trade policies. It contrasts Trump's non-corporatist approach with traditional Republican policies, focusing on middle and working-class benefits. The discussion shifts to China's economic risks, particularly its currency management and the potential impacts of a trade war. The video explores China's strategy of managing its currency against a basket of currencies and the potential market impacts of a significant devaluation.

What is the primary focus of the current US administration's trade policies?

• Increasing tariffs on European goods

• Reducing government spending

• Enhancing middle and working-class benefits

• Supporting large corporations

How has China been managing its currency in the face of potential trade wars?

• By increasing foreign investments

• By reducing exports

• By using its reserves to keep the currency strong

• By increasing interest rates

What is one potential risk of a trade war with China?

• Strengthening of the Chinese Yuan

• Increased US exports

• Higher US interest rates

• Depletion of China's currency reserves

How does China prefer to manage its currency?

• Against the US dollar only

• By allowing it to float freely

• By pegging it to the Euro

• Against a basket of currencies

What was a significant event in August 2015 related to China's currency?

• A significant rise in foreign investments

• A trade agreement with the US

• A major increase in interest rates

• A 2% devaluation of the Yuan