Kroszner: Direct Impact of Tariffs Has Been Very Small

The video discusses the potential impact of a US-China trade deal on global growth, highlighting that while it could be positive, it is not a solution to the global economic slowdown. The trade dispute involves complex issues like intellectual property and enforcement mechanisms, making resolution challenging. Despite uncertainties, the direct impact of tariffs has been modest. Renegotiating trade agreements like NAFTA may help but is not the main factor affecting global growth, which has slowed due to decreased investment and consumption outside the US.

How might the completion of a trade deal impact global growth according to the speaker?

What are the main aspects of the trade dispute between the US and China mentioned in the text?

What challenges are associated with enforcing intellectual property rights in the context of the trade deal?

How does the speaker assess the impact of tariffs on the US economy?

What factors contributed to the slowdown in global growth as discussed in the text?