Trump's tariff strategy provokes Chinese countermeasure with new import taxes

The video discusses the escalating trade tensions between the US and China, as new American tariffs on Chinese imports take effect. The European Commission's president aims to initiate negotiations with the US, while President Trump plans to engage in dialogue with Beijing. In response, China is retaliating against the US tariffs, which impose an additional 10% cost on American companies importing Chinese goods.

What event is causing a potential trade conflict between the US and China?

• A new trade agreement

• A diplomatic meeting

• An American tariff on Chinese imports

• A joint economic summit

Who expressed a desire to start negotiations with the US early?

• The President of China

• The President of the European Commission

• The US Secretary of State

• The Prime Minister of the UK

What is President Trump's plan regarding Beijing?

• To impose more tariffs

• To engage in a dialogue

• To visit China

• To cancel all trade agreements

What percentage increase must American companies pay on Chinese imports due to the new tariffs?

• 10%

• 5%

• 15%

• 20%

How is China responding to the new American tariffs?

• By reducing exports

• By increasing tariffs on American goods

• By imposing sanctions

• By negotiating a new trade deal