Tariffs Hurt China Much More Than the U.S., Former Fed Gov. Kroszner Says

Tariffs Hurt China Much More Than the U.S., Former Fed Gov. Kroszner Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the ongoing US-China trade talks, highlighting the challenges in reaching a resolution due to fundamental issues like intellectual property rights. It examines the impact of the trade war on China's economy, noting significant declines in exports and imports, and the relatively smaller effect on the US economy. The discussion also covers China's monetary policy adjustments to counteract economic slowdown and the broader global implications. Finally, it explores the geopolitical dynamics that could influence trade deals, emphasizing President Trump's willingness to endure short-term pain for long-term gains.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main issues at stake in the trade talks between the US and China?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the intellectual property rights regime in the context of US-China trade relations?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the trade war affected China's exports and imports?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the trade war affect the GDP of China compared to the US?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies might China employ to counteract the effects of the trade war?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential impacts of a slowdown in China's economy on other countries?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might the US President's approach to trade with China change if the economic situation worsens?

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