Trade Wars a Recent Phenomenon for Global Markets, Says Schulz

The video discusses the recent phenomenon of trade wars, starting with steel tariffs, and their uneven impact on global investment and growth. It highlights the strong influence of the Chinese economic cycle on Europe, particularly since the global financial crisis. The US-China trade conflict is identified as a significant concern for Europe, potentially affecting its industrial cycle more than direct US tariffs.

What event marked a temporary halt to further trade wars in Europe?

• A change in US trade policy

• The signing of a new trade agreement

• The introduction of new steel tariffs

• Mr. Yunker's visit to the US

What is the expected impact of trade wars on global investment?

• A uniform increase worldwide

• A uniform decrease worldwide

• An uneven impact across different regions

• No impact at all

Which country's industrial cycle is currently a major influence on Europe?

• Brazil

• United States

• India

• China

How has the correlation between Chinese and European industrial indicators changed since the 2000s?

• It remains unchanged

• It has decreased significantly

• It has increased significantly

• It has become unpredictable

What is a bigger concern for Europe than direct US auto tariffs?

• Domestic economic policies

• US-China trade wars

• Rising inflation rates

• Brexit negotiations