[Video]US trade with China, explained
Posted: April 21st, 2018, 2:37 pm
US trade with China, explained
President Trump is imposing tariffs on $50 billion worth of Chinese imports to the US, heightening fears about a trade war between the world's two biggest economies. CNNMoney's Vanessa Yurkevich explains what your life could look like if Chinese products get more expensive.
Source: CNNMoney
https://www.youtube.com/watch?v=1kzm2Zcli_c
https://edition.cnn.com/videos/cnnmoney/2018/03/30/china-tariffs-trade-cnnmoney-orig.cnnmoney
http://v.youku.com/v_show/id_XMzU1NTMwNTA2MA==.html
百度网盘链接: https://pan.baidu.com/s/18kICIDveKnbTEzvJHUM2Kg 提取码: dy4p
People are freaking out(极度兴奋；疯了；吓坏了) about a trade war with China. But why? Well, the US imports more products from China than any other country in the world, five hundred and five billion dollars worth of goods in 2017, while only sending a hundred and thirty billion dollars worth of products to China. This creates a gap of three hundred and seventy five billion dollars, a large part of trade deficit with China.
In the time I've been talking, did you notice all the products in the room that are made in China have disappeared? Now a trade war with China doesn't mean we'd stop importing these Chinese goods, but it does go to show just how much we depend on them. Let's rewind, in case you missed it.
For example, this TV. The US imports a hundred and forty six billion dollars worth of electrical machinery and equipment, the most of anything we import from China. This includes remotes(遥控器), laptops(笔记本电脑), and cell phones(移动电话). Also sneakers(运动鞋), we import one point four billion worth a year. And these umbrellas, the US imported one hundred and thirteen million dollars worth in 2017. And China happens to be the world's largest supplier of umbrellas. And the list goes on.
One thing we export a lot of is playing cards, but the card stock(制卡片的纸料) we print on is from, you guessed it, China. There's no tariff(关税), but we still spent a hundred and twenty million dollars import card stock last year. So while these products aren't going anywhere, they could have steep tariffs on them, which means our lives could get a little more expensive.
President Trump is imposing tariffs on $50 billion worth of Chinese imports to the US, heightening fears about a trade war between the world's two biggest economies. CNNMoney's Vanessa Yurkevich explains what your life could look like if Chinese products get more expensive.
Source: CNNMoney
https://www.youtube.com/watch?v=1kzm2Zcli_c
https://edition.cnn.com/videos/cnnmoney/2018/03/30/china-tariffs-trade-cnnmoney-orig.cnnmoney
http://v.youku.com/v_show/id_XMzU1NTMwNTA2MA==.html
百度网盘链接: https://pan.baidu.com/s/18kICIDveKnbTEzvJHUM2Kg 提取码: dy4p
People are freaking out(极度兴奋；疯了；吓坏了) about a trade war with China. But why? Well, the US imports more products from China than any other country in the world, five hundred and five billion dollars worth of goods in 2017, while only sending a hundred and thirty billion dollars worth of products to China. This creates a gap of three hundred and seventy five billion dollars, a large part of trade deficit with China.
In the time I've been talking, did you notice all the products in the room that are made in China have disappeared? Now a trade war with China doesn't mean we'd stop importing these Chinese goods, but it does go to show just how much we depend on them. Let's rewind, in case you missed it.
For example, this TV. The US imports a hundred and forty six billion dollars worth of electrical machinery and equipment, the most of anything we import from China. This includes remotes(遥控器), laptops(笔记本电脑), and cell phones(移动电话). Also sneakers(运动鞋), we import one point four billion worth a year. And these umbrellas, the US imported one hundred and thirteen million dollars worth in 2017. And China happens to be the world's largest supplier of umbrellas. And the list goes on.
One thing we export a lot of is playing cards, but the card stock(制卡片的纸料) we print on is from, you guessed it, China. There's no tariff(关税), but we still spent a hundred and twenty million dollars import card stock last year. So while these products aren't going anywhere, they could have steep tariffs on them, which means our lives could get a little more expensive.