Mnuchin Expects China to Live Up to Its Trade Commitments

The transcript discusses the US-China trade deal, emphasizing expectations for China to honor its commitments. It highlights the need for transparency regarding COVID-19's origins and spread. The potential economic decoupling between the US and China is explored, with companies reconsidering supply chains. The US government's concerns about Chinese legislation affecting Hong Kong are addressed, along with the possibility of sanctions. The President's working group on capital markets is examining these issues closely.

What is the US expectation regarding China's trade commitments?

• China will not honor the commitments.

• China will honor the commitments.

• The US has no expectations.

• The commitments are irrelevant.

Why is there a need for more transparency from China according to the US?

• To increase tourism.

• To enhance cultural exchange.

• To understand the spread of COVID-19.

• To improve trade relations.

What is a potential consequence if the US cannot compete fairly with China?

• More cultural exchanges.

• Economic decoupling.

• Increased trade agreements.

• Higher tariffs.

What is the US government's policy on commenting about future sanctions?

• They announce sanctions in advance.

• They do not comment on future sanctions.

• They deny any sanctions.

• They openly discuss future sanctions.

What is the focus of the President's working group on capital markets?

• To develop new trade agreements.

• To examine Chinese financial activities in US markets.

• To promote tourism.

• To increase US exports.