CLEAN : Expert: US tariffs on China likely to cause collateral damage
Interactive Video
•
Business, Social Studies, Other
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9th - 12th Grade
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Hard
Wayground Content
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The video discusses the short-term uncertainty caused by tariffs, affecting firms, consumers, and financial markets. It highlights potential price increases for consumer goods like cell phones and the impact on farmers who may lose major customers like China. The agricultural supply chain, especially in the Midwest, could face disruptions. Additionally, the video explores how global allies, particularly in Asia, might react to these changes, potentially seeking alternative supply sources.
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