Trade War Would Be 'Lose-Lose' for U.S. and China, JPMorgan's Zhu Says

The video discusses the US-China trade relationship, emphasizing that tariffs have a limited impact on GDP. It highlights the significance of non-tariff barriers, such as investment restrictions, which can disrupt the global supply chain. The video also explores negotiation strategies to address trade imbalances and technology policies. It concludes by addressing long-term structural issues and the importance of trust in achieving a win-win situation.

What percentage of China's GDP is attributed to exports to the United States?

• 15%

• 10%

• 3%

• 5%

Which of the following is considered a non-tariff barrier that could impact US-China relations?

• Increased tariffs

• Currency devaluation

• Export subsidies

• Investment restrictions

What is one proposed solution to address the trade imbalance between the US and China?

• US investing in Chinese technology

• China buying more US products

• US increasing tariffs

• China reducing its exports

What is a major challenge in the US-China trade negotiations regarding technology?

• Limited market access

• High production costs

• Fair treatment of foreign companies

• Lack of technological innovation

What is the desired outcome of the US-China negotiations according to the final section?

• A one-sided victory

• A lose-lose situation

• A temporary agreement

• A win-win situation