ilmscore | China CANCELS Tariffs, Trump Confirms MASSIVE Trade Deal! (Major Changes Explained)

Predictions from this Video

Total: 3
Correct: 2
Incorrect: 1
Pending: 0
Prediction
Topic
Status
US Secretary of Treasury anticipates further meetings within weeks to establish a more comprehensive agreement, potentially returning tariffs to 34% levels.
"I would imagine in the next few weeks, we will be meeting again to get rolling on a more wholesome agreement and that we could always return to April 2nd levels at 34%."
US-China Trade Negotiations
Incorrect
Donald Trump has stated that tariffs on China will increase if a trade deal is not reached.
"Even as Trump reiterates that China tariffs will go up without a deal."
Stock Market
Correct
Reshoring manufacturing for US companies is expected to be a long-term process, not achievable immediately.
"if US companies are expected to manufacture more of their products here locally, that's not something that can happen overnight."
US Manufacturing
Correct