Trump's Approach to Trade Hinders Economy, Judd Gregg Says

The video discusses the complexities of trade agreements involving the US, China, and the USMCA. It highlights the Republican Party's shift in trade policy under President Trump, who has deviated from traditional conservative values by increasing the deficit and challenging international alliances. The discussion also covers the impact of populism on free trade, emphasizing the economic consequences of restricting trade. The challenges of negotiating with China, including issues of currency manipulation and intellectual property, are also explored.

What is a key concern mentioned about the USMCA in relation to free trade?

• It promotes too much free trade.

• It restricts trade in several ways.

• It only benefits China.

• It has no impact on agriculture.

How does President Trump's trade policy differ from traditional conservative values?

• He promotes unrestricted free trade.

• He supports more international alliances.

• He focuses on reducing the deficit.

• He picks winners and losers in the economy.

What is a major criticism of the trade negotiations with China?

• They have led to significant agreements on currency manipulation.

• They have been highly beneficial to American consumers.

• They have not resulted in substantial agreements on key issues.

• They have improved international alliances.

What is a characteristic of populism as discussed in the context of trade?

• It supports globalization without any enemies.

• It avoids any form of economic competition.

• It often identifies an enemy, such as free trade.

• It focuses solely on domestic policies.

How does China's approach to trade negotiations differ from that of democratic countries?

• They prioritize four-year election cycles.

• They avoid any form of strategic planning.

• They think in terms of decades.

• They focus on short-term gains.