The trade relationship between the United States and China has become a topic of considerable debate, especially with the tariff war that escalated around 2018. This conflict has raised questions about whether America is specifically targeting China or if it is pursuing broader economic strategies.
The U. S. is motivated by a desire to protect its economic interests, promote fair trade practices, and limit China’s technological advancements. This trade conflict illustrates a broader geopolitical struggle that transcends mere economics, impacting global alliances and the future of international trade. Ultimately, the path forward will require careful negotiation and mutual understanding to avoid further escalation and foster a healthier trade relationship.
Please read the article and let’s talk about it later.
Vocabulary Questions:
- What does the adjective “irreversible” mean? “Apple’s iPhone and other technology hardware, from chips to PCs, received a China tariff reprieve from President Trump on Saturday, but for much of the U.S. economy and small business owners, the damage will soon be irreversible from the 145% tariffs being imposed on Chinese imports.” Use it in a sentence.
- What does “reprieve” mean? “We had the same across Southeast Asia, but after the 90-day reprieve, those bookings have restarted.” Use it in a sentence.
- What does “Yo-yo tactic” mean? “The Yo-yo tactic of changing tariff rates on a daily basis does nothing but create uncertainty.” Give me an example situation.
Discussion Questions:
- What can you say about the article?
- “And it will take months to sort out the mess, with congestion and freight rate spikes for months to come.” When do you think this will end?
- “The biggest concern here is a complete uncertainty of the actual end-game of the Trump administration.” What do you think are the administration’s motives?
- “Many shippers are deploying a ‘wait and see’ approach.” How long do you think they can wait?