Winners and Losers From Trump's Trade Tariffs

Winners and Losers From Trump's Trade Tariffs

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the impact of US tariffs on global markets, highlighting winners like US steel and aluminum producers and losers such as Asian steelmakers. Concerns about a global trade war are raised, with reactions from Europe, Canada, and potential responses from China. The uncertainty surrounding exemptions and further global reactions is also addressed.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which group is benefiting from the US tariffs according to the report?

Asian steel producers

Canadian lumber companies

US steel and aluminum producers

European car manufacturers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the impact of US tariffs on Japanese steelmakers?

They are gaining market share

They are unaffected

Their stocks are rising

Their stocks are falling

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries' reactions are considered important in the context of the US tariffs?

Australia and New Zealand

India and Russia

China and Japan

Brazil and Argentina

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern regarding the global trade situation as discussed in the report?

Decrease in aluminum prices

Rise in US unemployment rates

Escalation of a global trade war

Increase in global steel production

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the uncertainty mentioned in the report regarding the US tariffs?

The impact on US employment

The list of exempted countries

The exact amount of tariffs

The future of global oil prices