BofA's Woo: U.S. and China on a Collision Course

The transcript discusses the implications of Trump's policies on China, focusing on economic contradictions, currency issues, and geopolitical tensions. It highlights the challenges China faces, including capital outflows and the need for economic reform. The discussion also touches on the potential impact of Trump's unpredictability and the strategic use of Taiwan in US-China relations.

What is the main contradiction in Trump's economic policy as discussed in the first section?

• The need for both more and less government spending

• The need for both a strong and weak dollar

• The need for both high and low interest rates

• The need for both increased and decreased taxes

How does Trump's interaction with Taiwan affect US-China relations?

• It resolves existing tensions

• It strengthens the relationship

• It sends mixed messages to China

• It has no impact on the relationship

What is the potential benefit of Trump's unpredictability in international relations?

• It strengthens alliances

• It improves economic stability

• It increases the likelihood of crises

• It lowers the probability of crises

What is a significant concern for China regarding its economy?

• High inflation rates

• Trade surplus

• Rising unemployment

• Capital outflows

What is the potential impact of China's control over capital outflows on the US economy?

• It could weaken the US dollar

• It could strengthen the US dollar

• It could lead to a trade deficit

• It could increase US inflation

What strategic option does China have against the US, as discussed in the final section?

• Economic sanctions

• Military intervention

• Diplomatic isolation

• North Korea

Why might the Korean Peninsula become a flashpoint in US-China relations?

• Due to economic competition

• Due to trade agreements

• Due to North Korea's strategic importance

• Due to cultural differences