Trump Tariff Delay Shows He's Worried About Consumer Backlash, NFTC's Yerxa Says

Trump Tariff Delay Shows He's Worried About Consumer Backlash, NFTC's Yerxa Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Quizizz Content

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The video discusses the impact of tariffs on consumers, highlighting the president's implicit admission that consumers, not China, bear the cost. It explores concerns about consumer backlash and business uncertainty, emphasizing the division of tariffs based on consumer impact. The discussion also covers trade negotiations between the US and China, considering political contexts like Hong Kong. The uncertainty created by these tariffs affects business investment and economic growth, with potential long-term consequences for both the US and China.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might the uncertainty created by tariffs affect business investment decisions?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences if the tariffs do not lead to the desired changes in China's policies?

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OFF