China Vows Strong Countermeasures as Trump Targets $200 Billion in Tariffs

The transcript discusses the escalating trade tensions between the US and China, focusing on the tariffs imposed by the Trump administration and China's retaliatory measures. It highlights the potential impact on consumer goods and companies like Walmart and Nike. The transcript also covers the consultation period for tariffs, China's countermeasures, and the US's negotiating strategy, including comments from Secretary of State Mike Pompeo. The global perspective on these trade issues is also addressed, with concerns about the approach taken by the US administration.

What was the total value of tariffs announced by the Trump administration on Chinese imports?

• $50 billion

• $400 billion

• $500 billion

• $450 billion

Which companies were mentioned as potentially impacted by the tariffs?

• Apple and Google

• Tesla and Ford

• Walmart and Nike

• Amazon and Microsoft

What kind of measures did China reportedly take against US firms operating in China?

• Increased tariffs

• Banning US products

• Unofficial measures like increased inspections

• Reducing import quotas

What was a major concern about the Trump administration's approach to addressing trade issues?

• Ignoring domestic industries

• Not involving the European Union

• Lack of consultation with China

• The aggressive manner of addressing issues

What did Secretary of State Mike Pompeo criticize about China's trade practices?

• Environmental regulations

• Currency manipulation

• Forced technology transfer

• High tariffs on US goods