Trade Tensions to Continue Potentially Until 2Q 2019, Says Citigroup's Apabhai

The video discusses the market's reaction to US-China tariffs, noting that the initial 10% tariffs have been absorbed by China through currency devaluation. The US plans to increase tariffs to 25% by January, potentially impacting the US economy. The Federal Reserve and other central banks are expected to respond to inflation concerns, with possible tapering of economic support.

What was the initial tariff rate imposed by the US on $200 billion of Chinese goods?

• 25%

• 15%

• 10%

• 5%

How did China respond to the US tariffs to offset their impact?

• Increased exports

• Devalued their currency

• Imposed counter-tariffs

• Reduced imports

What is the potential future tariff rate mentioned for January 1st?

• 10%

• 25%

• 15%

• 20%

What economic factor is the Federal Reserve likely to focus on in their upcoming meetings?

• Stock market performance

• Unemployment rate

• Inflation concerns

• Trade balance

Which central bank is expected to reduce purchases along with the Fed and ECB?

• People's Bank of China

• Bank of England

• Reserve Bank of India

• Bank of Japan