U.S. Trade With China Slides in September After Fresh Round of Tariffs

U.S. Trade With China Slides in September After Fresh Round of Tariffs

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of the trade war on GDP, highlighting a decline in both imports and exports. It examines trade trends during the Trump administration, noting an overall decline without significant shifts in trade categories. Concerns are raised about the drop in imports, which closely track US retail sales, and the potential spillover into the broader economy. The video also covers retail trends during the Christmas season and the trade balance with China, emphasizing the effects of the US trade war.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the impact of tariffs on stockpiling and inventory levels.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised regarding consumer goods and retail sales?

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