China to Cut Some Tariffs From Jan. 1

The video discusses China's plan to cut tariffs on imports like frozen meat and pharmaceuticals starting January 1st, aiming to open up its economy. This move is not directly linked to the US-China trade negotiations but improves the trade atmosphere. The US-China trade deal is progressing, with translation of documents being a key challenge. Trump and China's leaders are not expected to meet soon. Additionally, China is hosting a summit with Japan and South Korea, focusing on economic and trade issues, and the North Korean nuclear issue.

Which of the following goods are mentioned as having reduced tariffs in China's new policy?

• Fresh vegetables

• Textiles

• Electronics

• Frozen pork

What is one of the main reasons for the delay in finalizing the US-China trade deal?

• Translation of documents

• Scheduling conflicts

• Lack of agreement on tariffs

• Disagreements over agricultural imports

What positive development did Trump tweet about regarding the US-China trade negotiations?

• A finalized trade deal

• A meeting scheduled between Trump and Xi

• China starting to purchase US agricultural products

• China agreeing to lower tariffs on all US goods

What is a key topic expected to be discussed at the trilateral summit between China, Japan, and South Korea?

• Cultural exchange programs

• North Korean nuclear issue

• Tourism development

• Climate change

What challenge does China face in convincing Japan and South Korea regarding North Korea?

• To increase trade with North Korea

• To lift sanctions on North Korea

• To impose stricter sanctions on North Korea

• To provide humanitarian aid to North Korea