China, U.S. Agree to Phase-One Trade Deal

The video discusses the US commitment to remove some tariffs on China and increase tariff exemptions for Chinese products entering the US. It highlights the importance of fulfilling these commitments as part of the phase one agreement between the two countries, aiming to reverse the trend of tariff hikes.

What action has the US promised regarding tariffs on Chinese products?

• Increase tariffs on Chinese products

• Remove some tariffs and increase exemptions

• Introduce new tariffs on Chinese products

• Maintain current tariff levels

What is the US expected to do according to the commitment mentioned?

• Increase tariffs on US products

• Fulfill the commitment to remove tariffs

• Introduce new tariffs on Chinese products

• Ignore the existing tariff agreements

What might the Chinese side consider regarding US products?

• Increasing tariffs on US products

• Maintaining current tariffs on US products

• Removing tariffs on US products

• Introducing tariffs on US products

When are the tariffs on US products scheduled to be introduced by China?

• December 1st

• December 15th

• January 1st

• January 15th

What is the nature of the agreement reached between the US and China?

• A complete removal of all tariffs

• A phase one agreement on tariffs

• A temporary suspension of tariffs

• An increase in tariffs on both sides