Trump Should Not Be Telling Fed What to Do: Crebo-Rediker

The video discusses the dynamics of US-China trade relations, focusing on the role of tariffs and the Federal Reserve. It highlights the differences between the US Federal Reserve and China's PBOC, emphasizing the independence of the Fed. The discussion covers the strategic use of tariffs by the US President and the potential risks of misperception in trade negotiations. The video also explores the fairness of US trade policy and the bipartisan agreement on the need for a level playing field. Finally, it sets expectations for the G20 summit as a decisive moment for a potential trade deal.

What is the main difference between the Federal Reserve and the PBOC as discussed in the video?

• The PBOC is an independent institution.

• The PBOC operates in a free market economy.

• The Federal Reserve is a state-led institution.

• The Federal Reserve is expected to be independent.

What is the primary tool used by the President in trade negotiations with China?

• Cultural exchanges

• Military threats

• Tariffs

• Diplomatic talks

What broader expectation is discussed in the trade negotiations with China?

• Increased US exports

• More cultural exchanges

• Changes to China's development model

• Reduction in US tariffs

What is the general consensus in the US regarding trade with China?

• It is fair and balanced.

• It is not a significant issue.

• It has been unlevel for a long time.

• It favors the US economy.

What event is seen as a decisive moment for US-China trade negotiations?

• The UN General Assembly

• The G20 meeting

• The World Economic Forum

• The US Presidential Election