Evercore ISI's Straszheim Says Washington Will Learn From the Damage Done by Tariffs

The video discusses the ongoing trade negotiations between China and the US, focusing on the impact of tariffs on steel and aluminum. It highlights that while the tariffs are intended to target China, they may have a more significant impact on other countries like Korea, Mexico, and Canada. The video also explores the global reactions to these tariffs and China's strategic response, which may include targeting US agricultural exports. The discussion concludes with the potential political implications of these trade policies, particularly in US agricultural states.

What percentage of US steel imports come from China?

• 10%

• 15%

• 3%

• 6%

Which countries are more affected by the US tariffs compared to China?

• Russia and Germany

• Australia and New Zealand

• Korea and Mexico

• India and Brazil

How might China respond to US tariffs in a minor way?

• By increasing tariffs on US electronics

• By targeting US agricultural exports

• By banning US movies

• By reducing imports of US cars

Where are the US soybeans, which China might target, primarily grown?

• In the Eastern seaboard

• In the Midwest corn belt

• In the Pacific Northwest

• In the Southern states

What is the potential consequence of the trade conflict for Washington?

• Improved relations with China

• Strengthened ties with the EU

• Damage to relationships with major trading partners

• Increased domestic production