Rufus Yerxa on Canada's First Female Deputy PM, U.S.-China Relations, WTO

The video discusses the transition of Canada's finance minister and its impact on trade, focusing on US-China relations and the renegotiated NAFTA. It explores potential changes in US trade policy under a Biden administration, contrasting it with Trump's approach. The discussion also covers the WTO's challenges, including leadership transitions and the US's stance on multilateral institutions.

What role is Canada's former trade minister transitioning to?

• Health Minister

• Foreign Minister

• Defense Minister

• Finance Minister

What is a major concern in the US-China trade relationship?

• Increased tariffs

• Disruption of existing agreements

• Lack of diplomatic communication

• Unmet export commitments

How does Biden's approach to China differ from Trump's?

• Biden prefers unilateral actions

• Biden aims for a more strategic and collective approach

• Biden plans to increase tariffs

• Biden wants to dismantle existing agreements

What is a key criticism of Trump's trade policy?

• It has strengthened US alliances

• It has been chaotic and ineffective

• It has reduced tariffs significantly

• It has improved relations with China

What might happen to the WTO if Trump is reelected?

• Increased US leadership within the WTO

• Continuation of US attacks on multilateral institutions

• Strengthening of multilateral institutions

• Immediate reforms to reduce tariffs

What is the significance of the interim leadership at the WTO?

• It will increase tariffs globally

• It will lead to major policy changes

• It is a temporary management solution

• It will decide the future of trade agreements

What is the expected outcome if Biden is elected regarding the WTO?

• Increasing US tariffs unilaterally

• Ignoring WTO regulations

• Strengthening and reforming WTO agreements

• Withdrawal from the WTO