CFR's Hillman on U.S.-China, South Korea-Japan Trade Disputes

The video discusses the ongoing trade tensions between the US and China, highlighting the challenges in reaching a trade deal due to mistrust and unclear objectives. It explores the political implications for President Trump, including the potential impact on his reelection. The concept of economic decoupling is analyzed, with a focus on the effects of tariffs and the push for US companies to return home. Additionally, the video examines the trade dispute between Japan and South Korea, considering the WTO rules and national security exceptions.

What is one of the main reasons for the difficulty in reaching a trade agreement between the US and China?

• Lack of trust in President Trump's consistency

• High tariffs imposed by China

• US economic recession

• China's refusal to negotiate

How are President Trump's supporters influencing his trade policy with China?

• By supporting a complete decoupling from China

• By urging him to stop the trade war escalation

• By encouraging more tariffs

• By demanding more subsidies for farmers

What is one of the strategic goals behind the US trade tensions with China?

• To improve diplomatic relations with China

• To increase US exports to China

• To force a decoupling of US and Chinese economies

• To reduce US unemployment

What is the potential economic consequence for the US if the trade tensions with China continue?

• Improved trade relations with other countries

• Higher employment rates

• A self-inflicted recession

• Increased foreign investment in the US

What is the perception risk of the US trade strategy towards China?

• It could be interpreted as a way to boost US exports

• It might be viewed as a strategy to improve US-China relations

• It could be perceived as a move to suppress China

• It may be seen as an attempt to dominate global trade

What is the main argument from South Korea in its trade dispute with Japan?

• Japan is unfairly subsidizing its industries

• Japan is refusing to negotiate trade terms

• Japan is violating WTO rules by restricting exports

• Japan is imposing high tariffs on Korean goods

What exception does Japan claim in its trade dispute with South Korea?

• Economic necessity

• National security

• Environmental protection

• Cultural preservation