Gary Cohn Sees No `Instant Cure' on U.S.-China Trade Dispute

Gary Cohn Sees No `Instant Cure' on U.S.-China Trade Dispute

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Business

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The video discusses the potential for resolving trade issues between the U.S. and China, particularly after elections. It highlights two main topics: the trade deficit and intellectual property rights. The trade deficit is seen as a concern by the president, but the speaker argues it reflects cheaper goods for the U.S. The more pressing issue is China's lack of open market access and enforcement of intellectual property rights. The speaker suggests that while China might address the trade deficit by purchasing more U.S. goods, the core issue of intellectual property remains unresolved.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest China could do to address the trade deficit?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the concerns related to intellectual property mentioned in the text?

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