China Warns of Response Over Huawei

The video discusses the ongoing trade tensions between the US and China, focusing on China's response to US actions against Huawei. It highlights the Chinese government's criticism of US policies, including potential countermeasures involving rare earth materials. The impact of these tensions on the US shoe industry is also explored, with industry leaders expressing concern over increased tariffs and their effects on consumers and businesses.

What was the Chinese ambassador's main criticism of the US's actions against Huawei?

• They were politically motivated.

• They were environmentally motivated.

• They were economically motivated.

• They were socially motivated.

What speculation arose from President Xi Jinping's visit to a rare earth facility?

• China might sell rare earths to Europe.

• China might stop rare earth production.

• China might weaponize rare earth materials.

• China might increase rare earth exports.

What percentage of rare earth imports does the US rely on China for?

• 70%

• 60%

• 80%

• 50%

Why is the US shoe industry particularly concerned about the trade tensions?

• It has no production facilities in the US.

• It relies heavily on Chinese imports.

• It benefits from the TPP agreement.

• It is one of the least tariffed industries.

What action did the US shoe industry take in response to increased tariffs?

• They increased production in China.

• They wrote an open letter to President Trump.

• They reduced prices for consumers.

• They moved production back to the US.