China's Response to US Tariffs 'Very Mild,' UBP's Casanova Says

China's Response to US Tariffs 'Very Mild,' UBP's Casanova Says

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

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The video discusses the unpredictability of tariffs under Trump's presidency, focusing on the US economy's strong performance and the tech sector's reshuffling. It highlights China's structural economic strategies amidst market sentiment fluctuations. The impact of tariffs on global inflation and trade, particularly concerning Canada, Mexico, and China, is analyzed. The negotiation of a Phase 2 trade deal and its implications for supply chains are explored. Finally, the video examines Chinese foreign direct investment in Latin America as a strategy to circumvent tariffs.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy is mentioned as a way to manage increased market volatility?

Using hedge funds

Increasing cash reserves

Investing in real estate

Buying government bonds

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are tariffs on Canada and Mexico considered more problematic than those on China?

They have a larger economy than China

They export more goods to the US than China

They lack the ability to offset tariffs through domestic policy

They have stronger trade agreements with the US

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected outcome of the Phase 2 trade deal negotiations?

Increased tariffs on all imports

Beneficial outcomes for both the US and China

A complete halt to Chinese exports

A new trade agreement with Europe

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge is associated with proving Chinese value added in exports to the US?

High tariffs on raw materials

Limited access to US markets

Complexity of supply chains

Lack of proper documentation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one way China is trying to circumvent tariffs?

Negotiating lower tariffs directly with the US

Investing in Latin American manufacturing

Reducing export volumes

Increasing domestic production