China Vows to Retaliate as Trump Rolls Out $200 Billion Tariff Hit

The transcript discusses China's planned response to US tariffs, highlighting their intention to retaliate but without specific details. It suggests a possible willingness to negotiate, despite the economic impact of the tariffs. The tariffs could significantly affect China's GDP, and China may use non-tariff measures to respond, though these could also harm its own economy.

What is China's current stance on retaliating against US tariffs?

• They have detailed their exact plans.

• They have decided not to retaliate.

• They plan to retaliate but have not specified how.

• They have imposed tariffs on US goods.

What was the initial tariff rate proposed by the US on Chinese goods?

• 5%

• 10%

• 15%

• 25%

How much could China's GDP growth rate potentially decrease due to the tariffs?

• Up to 0.1%

• Up to 1%

• Up to 0.5%

• Up to 2%

What non-tariff option might China use to retaliate against the US?

• Banning US imports

• Decreasing exports to the US

• Making operations difficult for US companies in China

• Increasing tariffs on US goods

Why is China cautious about its retaliation strategy?

• They are waiting for US approval.

• They have already retaliated sufficiently.

• They have no interest in foreign trade.

• They want to avoid harming their own economy.