Trump Isn’t Going to Get Rid of Tariffs, Says Mclarty Associates’ Cunningham

The video discusses the complexities of trade negotiations led by Donald Trump, focusing on his promises to both his conservative base and the American business community. It highlights the challenges of balancing these promises with international dynamics, such as the Huawei issue and North Korea. The use of tariffs as enforcement tools is explored, emphasizing their impact on market stability and business planning. The video concludes with the notion that while tariffs can bring parties to the negotiation table, they also create uncertainty for businesses engaged in trans-Pacific trade.

What are the two main groups Trump needs to satisfy in the trade negotiations with China?

• His conservative base and the American business community

• The Chinese government and the American public

• The European Union and the World Trade Organization

• His political opponents and the media

How might Trump's willingness to walk away from deals affect the markets?

• It could stabilize the markets

• It might have an extraordinary impact

• It will have no effect

• It will lead to immediate market growth

What role do tariffs play in Trump's negotiation strategy?

• They are used to create certainty

• They are meant to reduce trade

• They are used to strengthen alliances

• They are a tool to force the other side to negotiate

Why do businesses find it difficult to plan with the current tariff situation?

• Tariffs are always decreasing

• Tariffs are predictable

• Tariffs are imposed and removed unpredictably

• Tariffs have no impact on business planning

What is a major concern for the business community regarding tariffs?

• They only affect domestic markets

• They are too low to impact trade

• They make it difficult to plan and execute trade

• They provide too much certainty