The Trump Effect on Trade

The video discusses the central role of trade in a political campaign, highlighting actions taken to address unfair trade practices with China. It covers the renegotiation of trade deals with Canada and Mexico, the phase one deal with China, and the impact of tariffs. Despite some progress, US exports to China have declined, and the trade deficit has slightly narrowed. The video also touches on the uneven recovery from COVID-19's impact on global trade.

What was a key focus of the campaign regarding trade?

• Promoting free trade with Africa

• Reducing tariffs on European goods

• Increasing imports from China

• Ending unfair trade arrangements with China

Which countries were involved in the renegotiated trade deals?

• Canada and Mexico

• India and Japan

• Brazil and Argentina

• Australia and New Zealand

What was a significant action taken in the US-China trade relationship?

• Complete trade embargo

• Introduction of a new currency

• Phase one trade deal

• Elimination of all tariffs

By how much did US exports to China fall from 2016 to 2019?

• Over 15%

• Exactly 10%

• About 5%

• Nearly 8%

What is expected of the economic recovery post-COVID-19?

• It will be rapid and smooth

• It will not happen

• It will be uneven

• It will be faster than expected