Understanding US-EU Trade Tensions

What was the initial state of US-EU trade relations before Trump's announcement?

• Stable with reduced tariffs

• Improving with new tariffs

• Chaotic with increasing tariffs

• Unchanged with no tariffs

What is one of the unofficial reasons for Trump's 50% tariff on EU goods?

• To reduce American LNG imports

• To increase EU's agricultural exports

• To bring manufacturing back to the US

• To strengthen ties with China

What is the current tariff on EU steel and aluminum imposed by the US?

• 10%

• 50%

• 20%

• 25%

Which European countries are most affected by the US tariffs?

• Germany and the Netherlands

• Sweden and Norway

• Spain and Italy

• Portugal and Greece

What is one of the EU's potential responses to the US tariffs?

• Imposing a 10% tariff on all US goods

• Increasing agricultural exports to the US

• Engaging in a full-blown trade war

• Reducing tariffs on US imports

What is the EU's trade surplus in goods with the US?

• €50 billion

• €109 billion

• €157 billion

• €200 billion

What is the Anti-Coercion Instrument?

• A tool to increase EU tariffs

• A measure to block US investments

• A newly adopted tool to counter economic pressure

• A strategy to enhance EU-US trade relations

What could the EU target to leverage its position against the US?

• US digital services

• US automotive industry

• US steel production

• US agricultural exports

What is the potential impact of a full-blown trade war?

• Minimal economic impact

• Increased cooperation

• Immediate resolution

• Significant economic costs

What is the most likely outcome of the trade tensions according to the video?

• A full-blown trade war

• Complete resolution

• A mix of targeted tariffs and regulatory pressure

• No action taken