U.S.-China Trade Talks Set to Resume With No Sign of Deal

The video discusses the ongoing trade talks between the US and China, highlighting goodwill measures from both sides, such as China's proposal to buy US agricultural products and the US's meeting with tech executives about Huawei. Despite these efforts, significant differences remain, particularly regarding tariffs and trade deal terms. The video also examines the impact of China's soybean purchases on US farmers, noting a significant decline in US soybean exports to China, with Brazil becoming a major supplier. The discussion also touches on the effects of swine fever on soybean demand.

What was one of the goodwill measures taken by China before the trade talks?

• Encouraging companies to buy US agricultural products

• Increasing tariffs on US electronics

• Banning US tech companies

• Reducing tariffs on US cars

What is one of China's key demands in the trade talks?

• Expansion of US tech exports

• Removal of all tariffs immediately

• Increase in US agricultural purchases

• More stringent US regulations

What was the US's position regarding the trade deal with China?

• They wanted to start a new deal

• They wanted to return to a previous deal

• They wanted to impose more tariffs

• They wanted to end all negotiations

How significant is China's potential resumption of US soybean purchases expected to be?

• Moderately significant

• Very significant

• No significance at all

• Minimal significance

What has contributed to the reduced demand for soybeans in China?

• Increased tariffs on soybeans

• Swine fever affecting pig population

• Higher prices of US soybeans

• Improved local soybean production