China to Match Latest U.S. Tariffs

The video discusses the ongoing US-China trade war, focusing on tariffs imposed by both countries. It highlights the economic impact, with potential reductions in global GDP and specific effects on the US and Chinese economies. The video also examines the implications for the energy sector, particularly China's reliance on US fuel products and its efforts to diversify imports. Despite the economic risks, there are no current plans for official talks between the two nations.

What is the general sentiment among Chinese officials and business leaders regarding the tariffs?

• Excitement about new trade opportunities

• Resigned fatalism about the continuation of tariffs

• Optimism about resolving the trade war

• Indifference towards the tariffs

By the middle of September, how much worth of Chinese goods could be targeted by the US?

• $250 billion

• $50 billion

• $110 billion

• $16 billion

What is the projected impact of the US-China trade war on global GDP by 2020?

• No impact

• An increase of 1.3%

• A decrease of 0.7%

• An increase of 0.7%

Which US fuel products are affected by the latest tariffs imposed by China?

• Coal

• Natural gas

• Diesel, propane, and gasoline

• Crude oil

What strategy is China employing to reduce its dependency on US energy imports?

• Reducing energy consumption

• Increasing domestic production

• Relying solely on US imports

• Strengthening ties with European companies