Gary Cohn Sees No `Instant Cure' on U.S.-China Trade Dispute

The video discusses the potential for resolving trade issues between the U.S. and China, particularly after elections. It highlights two main topics: the trade deficit and intellectual property rights. The trade deficit is seen as a concern by the president, but the speaker argues it reflects cheaper goods for the U.S. The more pressing issue is China's lack of open market access and enforcement of intellectual property rights. The speaker suggests that while China might address the trade deficit by purchasing more U.S. goods, the core issue of intellectual property remains unresolved.

What is the speaker's view on the possibility of resolving trade issues after the elections?

• They are confident the issues will be resolved.

• They think the issues will worsen.

• They are skeptical about an instant resolution.

• They believe an immediate solution is likely.

How does the speaker perceive the $300 billion trade deficit with China?

• As a critical issue needing immediate attention.

• As an opportunity for U.S. manufacturing.

• As a sign of economic weakness.

• As a benefit due to cheaper goods.

What does the speaker identify as the more significant issue beyond the trade deficit?

• The high tariffs on U.S. goods.

• The enforcement of intellectual property rights.

• The lack of U.S. exports to China.

• The imbalance in agricultural trade.

According to the speaker, what might China do to address the trade deficit?

• Increase tariffs on U.S. goods.

• Buy more natural gas and agricultural products.

• Invest in U.S. technology companies.

• Reduce exports to the U.S.

What does the speaker suggest is necessary for resolving the core trade issues?

• Respecting intellectual property rights.

• Focusing on agricultural trade.

• Reducing the number of U.S. imports.

• Increasing the trade deficit.