Trump Embraces 'Phase 1' China Trade Deal

Trump Embraces 'Phase 1' China Trade Deal

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the ongoing trade war between the US and China, highlighting skepticism about progress despite President Trump's optimistic tweets. It covers the agricultural purchases from China and the relief from additional tariffs. The discussion moves to phase two of the trade deal, focusing on intellectual property and security concerns, including issues with Huawei. The economic impact on China is significant, with expected declines in exports and imports, and a potential GDP growth below 6% for the first time in decades.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact have the tariffs had on the Chinese economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for China's GDP growth according to economists?

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