Scissors: U.S. Will Win Trade War With China

Scissors: U.S. Will Win Trade War With China

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

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FREE Resource

The video discusses the potential outcomes of a US-China trade war, highlighting the economic dynamics between the two countries. It explores the Trump administration's possible trade strategies, including labeling China as a currency manipulator and imposing tariffs. The video also considers China's potential responses and the current economic conditions in China, as reported by the China Beige Book. The analysis suggests that while a trade war could harm both nations, the US might have an advantage due to its reserve currency status. However, the likelihood of a full-scale trade war remains low, with more talk than action expected from China.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences of a trade war between the US and China?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the US dollar's status as a reserve currency affect its trade relations with China?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies might the Trump administration employ to address trade relations with China?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might China respond to US trade actions, and what factors influence their response?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of China's economic relationship with the US for its domestic policies?

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