Former U.S. Trade Rep. Says Mistake to Withdraw From TPP

The video discusses US trade policies, focusing on the withdrawal from TPP and its implications. It explores the potential for trade wars, particularly with China, and the impact on global growth. The bilateral investment treaty with China is examined, highlighting progress and challenges. The video also addresses the intersection of geopolitics and trade, including protectionism and Brexit, and the need for effective negotiation strategies.

What is one potential consequence of the US withdrawing from TPP?

• Increasing US exports to TPP countries

• Creating a void that China could fill

• Improving US relations with TPP countries

• Strengthening US economic position in the region

Why might TPP countries proceed without the US?

• They want to form a new economic union

• They have no other trade partners

• They want to exclude the US from trade benefits

• They value the high standard rules negotiated

What is a potential impact on American workers if the US is not part of TPP?

• Increased job opportunities

• Higher wages

• Access to fast-growing markets

• Loss of market share

What could be a worst-case scenario of a trade war with China?

• Improved US trade balance

• Strengthened US-China relations

• Declining growth and harm to American workers

• Increased global growth

What is the bilateral investment treaty with China intended to support?

• US withdrawal from WTO

• Increased tariffs on Chinese goods

• Chinese economic reform

• US economic reform

What is a major challenge for the UK in the context of Brexit?

• Reducing tariffs on EU goods

• Strengthening the British pound

• Increasing trade with the US

• Negotiating with the European Union

How are Chinese negotiators described in the context of US-China trade relations?

• Focused only on military issues

• Unwilling to negotiate

• Pragmatic and well-organized

• Inexperienced and disorganized