Ross: Deal Can Be Done With China, But Won't Come From G-20

The video discusses the role of aerospace in trade, emphasizing the US as a major exporter and the need for Europe to meet its defense spending commitments. It explores the overlap between aerospace and the auto industry, highlighting NATO compatibility. The video also covers US-EU trade relations, focusing on tariffs and protectionism, and delves into US-China trade negotiations, noting the complexities and uncertainties involved. The importance of results in trade policy is emphasized, with examples of successful renegotiations like NAFTA and Korea.

What percentage of the US aerospace industry is focused on exports?

• 70%

• 60%

• 80%

• 50%

How does the aerospace industry relate to NATO according to the discussion?

• It is incompatible with NATO.

• It is compatible and supports NATO's defense force.

• It is unrelated to NATO.

• It is only partially related to NATO.

What is the US's stance on defense spending compared to Europe?

• The US spends less than Europe.

• The US and Europe spend equally.

• The US spends more than Europe.

• The US does not spend on defense.

What is the US President's ultimate objective regarding trade barriers?

• To increase tariff barriers.

• To maintain current tariff barriers.

• To eliminate all tariff and non-tariff barriers.

• To introduce new non-tariff barriers.

What challenge is mentioned regarding negotiating with the European Union?

• No interest from the US.

• Excessive trade barriers.

• Uncertainty about EU leadership.

• Lack of a trade policy.

What is the expected outcome of the G20 discussions with China?

• A complete trade deal.

• No progress at all.

• Agreement on principles for future negotiations.

• Immediate resolution of all issues.

How does the administration suggest people judge its trade policies?

• By the level of public complaints.

• By the results achieved.

• By the amount of tariffs imposed.

• By the number of negotiations held.