Guggenheim's Minerd Says Trade War Would Be Devastating for U.S. and China

The video discusses the implementation of tariffs and the potential risks of a trade war between the USA and China. It highlights the bipartisan view in Washington that the US should stand up to China on trade issues. The economic implications of tariffs, such as increased consumer prices and potential Federal Reserve actions, are explored. The video also considers the potential for consumer backlash and political pressure, as well as the long-term effects and public perception of the trade conflict.

What are the potential consequences of a trade war between the USA and China?

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Discuss the political implications of the US standing up to China on trade.

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What are the views on the timing of taking action against China regarding trade?

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What is the significance of the washing machine tariffs mentioned in the text?

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How do tariffs affect the prices of consumer goods in the USA?

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