Coronavirus Prompts U.S. Tariffs Relief For Masks, Gloves From China

The video discusses the reversal of tariffs on over 100 medical products from China due to the coronavirus pandemic, highlighting the increased demand for medical supplies and potential shortages. It covers the challenges of meeting this demand with domestic production and the political and economic implications of the pandemic on the US-China trade deal.

What prompted the US to reverse tariffs on certain medical products from China?

• The coronavirus pandemic increasing demand for medical supplies

• A surplus of medical supplies in the US

• A decrease in global demand for medical supplies

• The end of the US-China trade war

Which organization estimated a 40% increase in protective gear production to meet demand?

• The US Department of Health and Human Services

• The World Health Organization

• The Advanced Medical Technology Association

• 3M

What is a major challenge faced by hospitals in acquiring protective equipment?

• Lack of international suppliers

• Increased demand and limited domestic production

• Excessive domestic production

• Decreased demand for protective equipment

What percentage of medical products imported by the US annually is supplied by China?

• 5%

• 10%

• 20%

• 30%

How might the coronavirus pandemic affect the US-China trade deal?

• It will lead to a complete halt in trade between the US and China

• It threatens to undermine the deal by complicating China's commitments

• It will make it easier for China to meet its commitments

• It will have no effect on the trade deal