Trade War Would Be 'Lose-Lose' for U.S. and China, JPMorgan's Zhu Says

Trade War Would Be 'Lose-Lose' for U.S. and China, JPMorgan's Zhu Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the US-China trade relationship, emphasizing that tariffs have a limited impact on GDP. It highlights the significance of non-tariff barriers, such as investment restrictions, which can disrupt the global supply chain. The video also explores negotiation strategies to address trade imbalances and technology policies. It concludes by addressing long-term structural issues and the importance of trust in achieving a win-win situation.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of China's GDP is attributed to exports to the United States?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the impact of non-tariff barriers on the global supply chain?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two main aspects that need to be addressed regarding trade relations between the US and China?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the lack of trust between the US and China affect their negotiations?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does a 'win-win' situation in trade negotiations imply, and why is it difficult to achieve?

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