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Flashcards in Quiz 2 Deck (10):
1

According to Bannon, we are at _____ with China.


economic war

2

According to Bannon, China is ______ us, because of your answer to question 1.

crushing

3

Based on the above answers, Bannon would be:

mercantilist

4

According to the article, President Trump announced that he intended to sign a measure that would open an investigation into ________________ violations against American companies by Chinese firms.

intellectual property

5

President Trump placed tariffs on these products because:

he received petitions from competing American companies

6

These were the ______ tariffs he has imposed.

first

7

True or false - The Obama administration had previously imposed tariffs on washing machines from Korea.

True

8

True or false - When tariffs were imposed on washing machines made in Korea, the companies moved their factories to China.

True

9

True or false - The US Solar Energy Industries Association estimates that 23,000 Americans would lost their jobs this year, and up one-third of the 260,000 jobs in the solar industry in the US could be lost because of the tariffs.

True

10

The Trump Administration says this was done to protect American businesses, and that workers might lost their jobs now, but would eventually get their jobs back as factories were built in the US.

False