How Auto Tariffs May Impact the U.S. Economy

The transcript discusses potential trade scenarios, focusing on the likelihood of a 1930s-style trade war and its implications. It examines the impact of auto tariffs on the US economy, highlighting job dependencies and trade deficits. The discussion extends to US-China economic dependencies, analyzing supply chain impacts and international trade. The transcript concludes with an exploration of the broader economic impacts of tariffs, including investment risks and country risk considerations.

What is the probability of entering a 1930s style trade war according to the transcript?

• Low probability

• Certain

• Moderate probability

• High probability

What percentage of US jobs depend on international trade?

• 10%

• 20%

• 5%

• 15%

What is the direct contribution of China to the US economy as mentioned in the transcript?

• 2.0%

• 0.9%

• 1.2%

• 1.5%

What is the estimated impact of a $50 billion tariff on the US economy?

• Significant impact

• Moderate impact

• Minimal impact

• No impact

What is a potential consequence of increasing tariffs according to the transcript?

• Increased consumer spending

• Reduced investment decisions

• Stronger international relations

• Higher employment rates