CLEAN : US China tariffs put the world economy at risk: expert

CLEAN : US China tariffs put the world economy at risk: expert

Assessment

Interactive Video

Business, Social Studies, Economics

9th - 10th Grade

Hard

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The video discusses the impact of tariffs on consumer products, highlighting that these tariffs act as taxes on consumers, leading to higher costs and reduced demand. This results in job losses in the US economy. The video also explores President Trump's efforts to boost US manufacturing, noting that any success would take years and likely involve increased automation rather than job creation. The global implications of the US-China trade dispute are also considered, with potential risks to the world economy.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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