Trump Hits Mexico With 5% Tariff as China Retaliatory Tariffs Take Effect Tonight

Trump Hits Mexico With 5% Tariff as China Retaliatory Tariffs Take Effect Tonight

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses the economic impact of US-Mexico trade, highlighting Mexico's crucial role in the supply chain, especially for the auto industry. It also examines the US-China trade tensions, focusing on tariffs as a negotiation tool and their potential economic consequences. Additionally, the video explores China's strategy regarding rare earth exports, its dominance in the market, and the geopolitical implications of restricting these exports.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to China's dominance in the rare earth market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could the US find alternative sources for rare earth minerals?

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