U.S. Might Politically Have an 'Upper Hand' Over China, Lowy's McGregor Says

The video discusses the impact of US tariffs on China, highlighting the potential for an economic war that could affect various geopolitical and regional issues. It compares the current US-China trade tensions to the US-Japan trade relations of the late 80s and early 90s, emphasizing the structural changes demanded by the US. The discussion also touches on the broader implications of these tariffs beyond just trade, including political and global influence.

What is the potential increase in tariffs on $200 billion worth of goods?

• From 15% to 25%

• From 10% to 25%

• From 20% to 30%

• From 10% to 15%

What broader conflict could arise from a trade war between the US and China?

• A diplomatic alliance

• An economic war

• A cultural exchange

• A military conflict

Why is the US considered more important to China beyond just trade?

• The US provides military support to China

• The US can impact China globally

• The US is a cultural ally of China

• The US can influence China's internal policies

What historical event is compared to the current US-China trade tensions?

• US-UK trade relations in the 70s

• US-Germany trade relations in the 60s

• US-Japan economic relations in the late 80s and early 90s

• US-Russia trade relations in the 90s

What was the US's demand from Japan in the late 80s and early 90s?

• To reduce cultural exports

• To change the structure of their economic systems

• To increase military spending

• To increase trade tariffs