USMCA Is a Win-Win-Win, Says Mexican President-Elect's Trade Negotiator

The transcript discusses the USMCA trade agreement, its benefits, and the political challenges it faces. Key figures involved in the negotiations, such as the Mexican president-elect and the US administration, are introduced. The discussion covers the agreement's impact on the car industry, potential adjustments, and political hurdles, including the Democratic Party's stance. Tariffs on Mexican steel and migration issues are also addressed, along with global trade dynamics involving China.

What is the primary industry that benefits from the USMCA agreement?

• Agriculture

• Textiles

• Technology

• Car Industry

What type of changes have been made to the USMCA text according to the negotiator?

• Major substantive changes

• No changes at all

• Minor adjustments

• Complete overhaul

What is the main concern of the new Democratic Congress regarding the USMCA?

• Labor issues

• Enforcement of trade practices

• Environmental regulations

• Currency manipulation

How long does the negotiator anticipate the USMCA ratification process might take?

• Three months

• Two years

• One year

• Four to six months

What is the negotiator's view on the tariffs on Mexican steel?

• They are irrelevant

• They should be eliminated

• They are necessary

• They are beneficial

What is the negotiator's prediction about the US-China trade relations?

• The US will back down completely

• China will concede to all US demands

• A trade war will be avoided

• An all-out trade war is inevitable

What is the negotiator's role in the context of migration issues?

• To negotiate with other countries

• To ignore the issue

• To build long-term solutions

• To enforce deportations