Trump and Sanders Agree, Free Trade Can Be a Raw Deal

The video discusses the complexities of US-China trade relations, highlighting the trade imbalance where the US imports more from China than it exports. This has led to a significant loss of manufacturing jobs in the US. While free trade is supposed to benefit both countries, the reality is more nuanced, with many American workers struggling to find new employment. Potential solutions, such as increasing tariffs or renegotiating trade deals, are explored, but each comes with its own set of challenges. The video concludes that while trade has lowered consumer prices, it has also caused economic hardship for many Americans.

What is one of the main reasons for the loss of American manufacturing jobs according to the video?

• Increased automation in the US

• Trade surplus with China

• High labor costs in the US

• Lack of skilled workers

What does the video suggest is happening to American factory workers who lose their jobs?

• They are starting their own businesses

• They are moving to other cities for work

• Many are claiming disability or unemployment

• They are quickly finding new jobs in other industries

What is one potential downside of raising tariffs on Chinese goods as mentioned in the video?

• It could lead to a trade war with China

• It would decrease the quality of goods

• It could lead to a surplus of American goods

• It might increase prices for American consumers

What does Bernie Sanders propose to address the trade issues with China?

• Increasing tariffs on all imports

• Demanding American companies create jobs domestically

• Reducing taxes for American manufacturers

• Negotiating new trade deals with other countries

What is a benefit of trade with China mentioned in the video?

• It has balanced the trade deficit

• It has improved the quality of American goods

• It has lowered prices for American consumers

• It has increased American manufacturing jobs