Wall Street Focuses on Trade in Election

The video discusses aggressive trade policies, focusing on tariffs as a negotiation tool, particularly under President Trump's administration. It highlights the US-China trade deficit, noting its reduction due to decreased imports and increased exports. The economic impact of trade deals, especially in agriculture, is examined, with potential GDP growth. The video also explores the varied stances of political candidates on trade, from working with allies to addressing climate change and economic patriotism.

What was a key strategy used by President Trump in his trade policies?

• Eliminating trade deficits with Canada

• Reducing tariffs on European goods

• Increasing imports from China

• Using tariffs as a negotiating tool

What is one argument against using the trade deficit as a metric for trade deals?

• It focuses solely on oil exports

• It only measures agricultural exports

• A wider trade deficit might indicate economic growth

• It does not account for service exports

How much could agricultural exports to China potentially add to US GDP according to Bloomberg Economics?

• Half a percentage point

• One percentage point

• Two percentage points

• Three percentage points

Which candidates are mentioned as wanting to work with allies to pressure China?

• Donald Trump and Mike Pence

• Bernie Sanders and Elizabeth Warren

• Kamala Harris and Pete Buttigieg

• Mike Bloomberg and Joe Biden

What additional issues do Sanders and Warren tie to trade policies?

• Healthcare reform

• Education funding

• Military spending

• Climate change and income inequality