U.S. and China on Verge of ‘Historic’ Trade Deal, Kudlow Says

U.S. and China on Verge of ‘Historic’ Trade Deal, Kudlow Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the ongoing US-China trade negotiations, highlighting a finalized currency deal and the potential for tariffs if talks fail. It covers a WTO ruling against China's farm subsidies, which could benefit US farmers and provide leverage in negotiations. The economic impact of the trade war is also examined, with US exporters facing significant losses, despite claims of US success due to China's economic slowdown.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated annual cost of the trade war to US exporters according to the report mentioned?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What message did U.S. Trade Representative Robert Light Heiser convey to lawmakers regarding small businesses?

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