The U.S. Started a Trade War, Says Center for China and Globalization’s Wang

The video discusses the ongoing trade tensions between the US and China, highlighting the impact of tariffs and the cultural differences affecting negotiations. It explores China's retaliatory measures and the potential economic consequences for both countries. The video also addresses concerns from the business community about the disruptions caused by these tensions.

What was the general sentiment in China regarding the trade war?

• Opposed to the tariffs

• Indifferent to the situation

• Supportive of the tariffs

• Unaware of the trade war

What was one of the cultural differences mentioned in handling trade issues?

• Private discussions are preferred in China

• China prefers to use social media for announcements

• China avoids discussing trade issues

• Public discussions are preferred in China

What was China's response to the US tariffs?

• Raising duties on $60 billion worth of US goods

• Ignoring the US tariffs

• Lowering tariffs on US goods

• Increasing imports from the US

What is a potential consequence of further tariffs on the US and Chinese economies?

• Increased economic growth

• Stability in the global market

• No effect on the economies

• A huge impact on both economies

What is a major concern if the trade war continues?

• Improved relations between the US and China

• Increased confidence in the market

• Stability in the global economy

• Loss of investment and hiring plans