U.S. Is Definitely Already in a Trade War, CSIS's Kennedy Says

The video discusses the escalating trade tensions between the US and China, focusing on tariffs imposed by the US and potential retaliatory measures by China. It explores the economic and political dynamics influencing both countries' decisions, highlighting the strategic benefits perceived by each side. The discussion also covers the potential impacts on financial markets and political landscapes, particularly in the US, where agricultural exports and stock market reactions could influence political outcomes.

What was the initial trigger for the US-China trade conflict?

• US imposing tariffs on steel and aluminum

• China increasing its exports to the US

• China devaluing its currency

• US withdrawing from trade agreements

Why does the US administration believe it is a good time to engage in a trade conflict with China?

• The US has no other trade partners

• The US economy is struggling

• The US economy is performing well

• China's economy is outperforming the US

What strategic advantage does the US administration perceive in continuing the trade conflict?

• It strengthens ties with European allies

• It boosts the President's approval ratings

• It reduces the US trade deficit

• It increases US exports to China

What is a potential vulnerability for President Xi in the trade conflict?

• China has no control over its currency

• China has no allies in the trade war

• China's economy is growing rapidly

• China's economy is not growing as fast as before

What might influence the US President to reconsider the trade conflict?

• Pressure from European leaders

• Decline in US financial markets

• Increase in US manufacturing jobs

• Support from agricultural sectors