China to Raise Tariffs on U.S. Goods on June 1

The video discusses the escalating trade tensions between the US and China, highlighting China's planned retaliation with increased tariffs on $60 billion of US goods. Key upcoming meetings, including the G20 summit where Trump and Xi will meet, are noted. China is also strengthening ties with Russia through trade agreements. The video further explores China's strategic responses to US policies, including potential restrictions on rare earth exports and reduced soy purchases, as part of a complex balancing act in the ongoing trade war.

What is China's planned response to the trade tensions with the US?

• Increase tariffs on $60 billion of goods

• Decrease tariffs on US goods

• Sign a peace treaty

• Withdraw from the G20 summit

Where are Trump and Xi expected to meet to discuss trade issues?

• In Washington, D.C.

• At the G20 in Japan

• At the United Nations

• In Beijing

What is a key aspect of the deepening trade war between the US and China?

• The US is reducing tariffs on Chinese goods

• China is withdrawing from international trade agreements

• Both sides are seeking a quick resolution

• China is strengthening ties with other allies

How has China responded to US policies in recent days?

• By blasting US policies

• By signing a new trade deal

• By reducing anti-US rhetoric

• By increasing US imports

What potential action has China hinted at regarding rare earths?

• Increasing exports to the US

• Cutting off access to the US

• Sharing technology with the US

• Reducing production