China Trade War Will Get Worse Before it Gets Better, Says Schenker

The video discusses the potential impact of resolving NAFTA on market optimism, particularly for companies under pressure. It highlights progress in trade agreements with Korea and Japan, but emphasizes ongoing concerns with China, which could escalate into a currency war. The discussion also covers the challenges of reaching a new NAFTA agreement, particularly regarding trade deficits with Canada and Mexico and the car industry. Political pressure is noted as a significant factor in pushing for resolutions, but China remains a major concern.

What is the potential impact on companies if NAFTA issues are resolved?

• Optimism for companies under trade pressure

• Increased market pessimism

• No change in market dynamics

• Decrease in stock prices

Which country remains a significant concern in trade discussions despite progress with others?

• Japan

• Canada

• Mexico

• China

How is the US-China trade situation described compared to NAFTA disagreements?

• Equally aggressive

• More aggressive

• Not aggressive at all

• Less aggressive

What has the trade war between the US and China escalated into?

• A technology war

• A cultural war

• A currency war

• A diplomatic war

What is a major sticking point in the NAFTA negotiations?

• Car deals

• Intellectual property

• Technology transfer

• Agricultural products