Trump Threatens to Raise Tariffs On China

Trump Threatens to Raise Tariffs On China

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the unexpected announcement of new tariffs and its implications on trade negotiations between the U.S. and China. It explores the potential strategies behind these announcements, the impact on various U.S. sectors, and the market's reaction, particularly in the tech industry. The discussion also covers the possible outcomes of the negotiations and the consequences of different trade deal scenarios.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unexpected announcement regarding tariffs that surprised both the U.S. and China?

A reduction in tariffs on European imports

An increase in tariffs on Canadian goods

New tariffs on all imports from China

A complete removal of existing tariffs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might U.S. companies in different sectors respond to the potential increase in tariffs?

By assessing their exposure to cross-border trade with China

By increasing their reliance on Chinese imports

By shifting their focus entirely to domestic markets

By ignoring the tariffs and continuing business as usual

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector was indicated as being particularly under negotiation and potentially affected by the tariffs?

Healthcare

Technology

Automotive

Retail

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key concern for U.S. companies if a deal does not include the removal of tariffs?

Increased competition from European companies

Loss of market share in the U.S.

Continued disadvantage in the Chinese market

Higher taxes on domestic sales

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact of China's retaliatory tariffs on U.S. sectors?

They will boost U.S. exports to China

They will make U.S. products more competitive in China

They will challenge U.S. sectors like agriculture and technology

They will have no impact on U.S. sectors