U.S. Charges Chinese Billionaire With Evading Aluminum Tariffs

U.S. Charges Chinese Billionaire With Evading Aluminum Tariffs

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses a case from 2011 involving Zhang Wang, accused of flooding the US market with extruded aluminum. This has led to legal actions by the Justice Department, causing a stock collapse. The case's impact on markets is uncertain, but it raises concerns about escalating trade tensions between China and the US, especially during sensitive trade talks.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What type of product was allegedly flooded into the US market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns arise when an individual company is implicated in trade protocol breaches?

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