Will Trump's Tariff Plan Fly?

Will Trump's Tariff Plan Fly?

Assessment

Interactive Video

Business, Religious Studies, Other, Social Studies, Physics, Science

University

Hard

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The video discusses Simon Johnson's analysis of potential tariffs under Donald Trump's administration, highlighting the economic implications such as increased costs and indirect taxation. Experts Luigi Zingales and Laura Ramos provide insights on job creation and market reactions, emphasizing the uncertainty surrounding Trump's policies. The discussion also covers potential economic outcomes, including GDP impacts and business interests, and examines the effects of tariffs on inflation and interest rates.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How might tariffs impact the prices of imports and the overall cost of living for Americans?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential effects of tariffs on job creation according to Simon Johnson?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised about the potential for a trade war with important trade partners?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the general sentiment regarding Trump's approach to tariffs and business interests?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the discussion suggest that inflation could be affected by trade tariffs?

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