Auto Industry Is 'Freaked Out' About Tariffs, AutoNation Chairman Says

Auto Industry Is 'Freaked Out' About Tariffs, AutoNation Chairman Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the complexities of trade deals, focusing on the implications of excluding Canada from NAFTA and the potential economic disruptions caused by tariffs on the automobile industry. It highlights the intricate relationship between carmakers and dealers and the broader impact of tariffs on global supply chains. The discussion extends to trade tensions with China, emphasizing the inflationary effects of tariffs and the challenges in resolving these issues.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised regarding the exclusion of Canada from the trade deal?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the relationship between carmakers and car dealers?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How might tariffs on automobiles affect the economy according to the speaker?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the speaker foresee in resolving trade issues with China?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do tariffs have on inflation according to the speaker?

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