China Demands End to Tariffs

The video discusses the ongoing US-China trade talks, highlighting the challenges in reaching a deal due to tariff disputes and enforcement issues. Larry Kudlow's comments on Huawei and the slow progress of negotiations are noted. The video also examines China's auto market, which is experiencing a significant slump, with declining sales and consumer sentiment affected by the trade war. However, new energy vehicle sales are a bright spot amid the downturn.

What is one of the main reasons a trade deal between the US and China is unlikely to be reached soon?

• Both countries have agreed to remove tariffs.

• China is not interested in any deal.

• The US wants to increase tariffs further.

• Trade hawks in DC want tariffs to remain.

What did Larry Kudlow indicate about the timeline for a US-China trade solution?

• A solution is expected very soon.

• A solution will be reached within a week.

• A solution has already been reached.

• A solution is not expected anytime soon.

What is the current state of China's auto market according to the transcript?

• It is facing the worst slump in a generation.

• It is booming due to high consumer demand.

• It is experiencing rapid growth.

• It is stable with no significant changes.

What has been the impact of the trade war on China's auto market?

• It has boosted consumer confidence.

• It has had no impact.

• It has dampened consumer sentiment.

• It has led to increased car sales.

Which sector in China's auto market is showing growth despite the overall slump?

• Luxury vehicles

• Used cars

• New energy vehicles

• Commercial vehicles