U.S. Agriculture Secretary Perdue on Trade Talks With China, Japan, EU

The transcript discusses the complexities of trade negotiations, focusing on non-tariff barriers, enforcement issues, and agricultural purchases. It highlights the impact of tariffs on farmers and the urgency of reaching a trade deal. The market facilitation program is detailed, along with global trade relations with the EU, Japan, and other countries. Efforts to expand markets beyond China are also covered.

What are the most complicated parts of the US-China trade negotiations?

• Tariff reductions and agricultural purchases

• Environmental regulations and technology transfers

• Non-tariff barriers and enforceability provisions

• Currency exchange rates and labor standards

Why are agricultural purchases considered the least complicated part of the trade deal with China?

• Because they are easy for China to promise and help reduce the trade deficit

• Because they are not needed by China

• Because they involve complex negotiations

• Because they are not part of the trade deal

What is the main concern of US farmers regarding the trade negotiations?

• The potential increase in agricultural exports

• The financial stress caused by tariffs

• The lack of government support

• The decrease in domestic demand

How much of the $12 billion promised by President Trump to help farmers has been disbursed?

• $5 billion

• $12 billion

• $8 billion

• $10 billion

What is the focus of the US in its trade negotiations with Japan?

• To negotiate environmental standards

• To reduce agricultural imports from Japan

• To increase tariffs on Japanese goods

• To establish a bilateral agreement better than TPP

Why is the EU considered intractable in trade negotiations?

• Because they have already reached an agreement

• Because they prioritize environmental issues

• Because they focus only on technology

• Because they refuse to negotiate on agricultural issues

What is the US strategy in expanding its agricultural market in Asia?

• Focusing solely on China

• Building relationships with Southeast Asian countries

• Reducing exports to Asia

• Increasing tariffs on Asian imports