How Tariffs on Chinese Goods May Impact the Economy

How Tariffs on Chinese Goods May Impact the Economy

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the limited impact of tariffs on China's GDP, focusing instead on global growth indicators like PMI. It highlights strong US earnings expectations but warns of potential profit forecast cuts. The discussion shifts to the possible escalation of trade disputes, which could threaten the global supply chain. The video concludes with an analysis of political strategies, suggesting a tendency to negotiate once domestic impacts are felt.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact of the $50 billion tariffs on China's GDP growth?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What signs of global growth re-acceleration are mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's perspective on the potential escalation of tariffs from $50 billion to $200 billion?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the relationship between presidential approval polls and trade disputes?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest might happen if the trade dispute starts to impact domestic levels?

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