Wilbur Ross on Navigator, China, U.K., Tax Reform

The transcript covers a discussion on the Paradise Papers, clarifying business ties and addressing ethics and conflict of interest allegations. It also details an upcoming trade mission to China, trade discussions in London, and the potential for a US-UK trade agreement post-Brexit. Additionally, it touches on the status of the 232 investigation into steel and aluminium imports and the progress of tax legislation.

What was the main concern regarding the interviewee's investments in the shipping firm?

• Environmental impact

• Ties to sanctioned Russian individuals

• Financial losses

• Lack of transparency

How does the interviewee justify retaining their shipping interests?

• They plan to divest soon

• The investments are highly profitable

• The OGE allowed it due to no regulatory conflict

• They have no control over the company

What is the primary goal of the trade mission to China?

• To secure large deals for US companies

• To establish cultural exchanges

• To discuss environmental policies

• To negotiate military alliances

What activities is the interviewee involved in while in London?

• Attending a sports event

• Meeting with government officials and discussing trade

• Launching a new product

• Visiting historical sites

What is the expected timeline for a US-UK trade agreement post-Brexit?

• Several years

• No agreement is planned

• Immediately after Brexit

• It should proceed quickly once allowed

What is the status of the 232 investigation into steel and aluminum imports?

• It has been completed

• It will be addressed after tax legislation

• It is not a priority

• It has been canceled

What does the interviewee hope to achieve with the tax legislation?

• Increase in tariffs

• Expansion of government programs

• Reduction in taxes for businesses and consumers

• Introduction of new trade barriers