Trump Says U.S. Has the Upper Hand on China in Trade Battle

The video discusses the upcoming release of trade data from China and its implications. It highlights President Trump's strategy on tariffs, emphasizing US leverage in trade negotiations with China. The US plans to increase tariffs on Chinese goods, while China responds with its own retaliatory measures. The impact of these tariffs on US markets, particularly in sectors like LNG and agriculture, is examined. The video concludes with potential future developments in the US-China trade relationship.

What does President Trump believe gives the US leverage over China?

• The tariffs and actions taken by the US

• The strength of the US dollar

• The US's technological advancements

• The US military presence in Asia

What was the proposed increase in tariffs on the next round of Chinese goods?

• From 5% to 15%

• From 15% to 35%

• From 10% to 25%

• From 20% to 30%

Who was involved in the background talks between the US and China?

• The US President and Chinese Premier

• US trade representatives and Chinese business leaders

• Lower level officials from the US Treasury and Chinese Vice Premier

• US Congress members and Chinese diplomats

What new product category did China include in its retaliatory tariff list?

• Textiles

• Pharmaceuticals

• Liquefied Natural Gas (LNG)

• Automobiles

How did the news of China's additional tariff list impact US markets?

• US markets saw a significant rise

• US markets experienced a minor increase

• US markets remained stable

• Some US market players experienced a decline