U.S-Japan Trade Agreement a 'Cheap Imitation' of TPP: Sen. Carper

The video discusses the recent announcement by Japan's Prime Minister regarding a new trade deal, primarily focused on agriculture and digital sectors, while auto tariffs remain a concern. The deal is compared to the Trans Pacific Partnership (TPP), highlighting its limitations and the missed opportunities of the TPP. The discussion also covers the US's stance on auto tariffs and Japan's response, with a focus on the implications for future trade relations. The video concludes with a reflection on the strategic choices made by the US and the potential outcomes of this new trade approach.

What was the main focus of the first stage of the trade deal announced by Japan's Prime Minister?

• Automobile industry

• Agriculture and digital aspects

• Healthcare sector

• Tourism and travel

How does the new trade deal compare to the Trans Pacific Partnership (TPP) according to the discussion?

• The new deal is more comprehensive

• The new deal focuses more on technology

• The TPP was superior in many ways

• Both deals are equally beneficial

What percentage of the world's trade was covered by the Trans Pacific Partnership?

• 40%

• 30%

• 20%

• 50%

What is the concern regarding the staged approach to the trade deal with Japan?

• It focuses too much on agriculture

• It might delay the benefits

• It could lead to increased tariffs

• It may not address all issues at once

What assurance did Japan's Prime Minister receive from President Trump regarding auto tariffs?

• Tariffs will be reduced

• Tariffs will be imposed gradually

• No tariffs will be imposed

• Tariffs will be increased