Trump Tariffs on Mexico Would Hurt U.S. Businesses: Professor Lovely

The video discusses the impact of tariffs on supply chains, particularly between the U.S. and Mexico, highlighting how these tariffs affect American businesses that rely on Mexican imports to stay competitive. It examines Donald Trump's approach to using tariffs as a negotiation tool, often seen as bullying, and how this strategy creates uncertainty in global trade. The discussion also touches on the broader implications of using tariffs as a weapon for various issues, leading to a more fraught global trading system.

What percentage of U.S. imports from Mexico is related to party trade?

• 50%

• 75%

• 80%

• 67%

What is one of the main reasons Donald Trump uses tariffs according to the transcript?

• To improve diplomatic relations

• To increase domestic production

• To reduce unemployment

• To address migration issues

How does the transcript describe the U.S. negotiating style under Trump's administration?

• Passive

• Aggressive

• Diplomatic

• Collaborative

What is a potential consequence of Trump's tariff policies on global commerce?

• Greater certainty

• Increased stability

• Increased uncertainty

• More competition

What does the transcript suggest about Trump's understanding of global business practices?

• He has a deep understanding

• He lacks understanding

• He is indifferent

• He is highly knowledgeable