U.S.'s Goal in Trade War 'Quite Unclear,' Hoover Institution Says

The video discusses the complexities of the trade war involving the US, particularly focusing on the strategies and goals behind the US-China trade relations. It questions whether the trade war aims for free trade or protectionism and highlights the potential economic impacts. The discussion also covers the political dynamics in the US regarding tariffs and the role of Congress in trade policy.

What is one of the main concerns regarding the US's strategy towards China in the trade war?

• Reducing China's influence in Europe

• Encouraging China to respect intellectual property rights

• Promoting China's economic growth

• Encouraging China to adopt more protectionist policies

What is a potential goal of the trade war according to the second section?

• To reduce the number of US exports

• To strengthen the US dollar

• To increase the US trade deficit

• To achieve completely free trade in goods and services

What is a potential consequence of imposing tariffs mentioned in the final section?

• Immediate economic growth

• Increased global cooperation

• Difficulty in removing tariffs once imposed

• Reduction in domestic taxes

What role does Congress have in the imposition of tariffs?

• Congress has no role in tariff imposition

• Congress must approve all tariffs

• Congress gave the President authority to impose tariffs

• Congress can only suggest tariffs

What is a concern if the US imposes additional tariffs on China?

• China will increase its exports to the US

• China will retaliate with its own tariffs

• The US will have to reduce its tariffs on other countries

• The US will lose its trade partners in Europe