U.S. Tariffs on $360 Billion of Chinese Goods Remain At Least Until Elections

U.S. Tariffs on $360 Billion of Chinese Goods Remain At Least Until Elections

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the ongoing tariffs on $360 billion of Chinese goods, which are expected to remain for another ten months. The Trump administration uses this as a strategy to enforce agreements and campaign on being tough on China. However, this approach risks pressuring the US and global economies. The video highlights the temporary nature of the truce, with commitments on currency and intellectual property but no significant rollbacks on industrial policies. The US, EU, and Japan are working on a multilateral agreement to address industrial subsidies, potentially updating global trade rules. China's state media has responded positively to the negotiations, emphasizing peaceful coexistence.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the duration for which the tariffs on goods from China are expected to remain in place?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Trump administration plan to use the tariffs in relation to the upcoming presidential election?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the commitments made by China in the trade negotiations?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant progress has been made on the multilateral front regarding subsidies?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was China's response to being taken off the currency manipulator label?

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