U.S. Consumers Set to Pay Higher Prices for Goods Amid Tariffs, Stringham Says

U.S. Consumers Set to Pay Higher Prices for Goods Amid Tariffs, Stringham Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of tariffs on American consumers and businesses, highlighting concerns about trade tensions between China and the US. It explores potential outcomes of tariffs, including the possibility of more free trade if China reduces tariffs. The economic outlook for 2019 is considered, with growth expected but potentially slowed by factors like interest rates and investment uncertainty.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the uncertainty in investment as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised about the sustainability of economic growth in 2019?

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