Citi's Bill Lee Sees Political Stalemate Ahead

The video discusses the economic outlook for 2017-2018, highlighting potential political gridlock and the role of Trump's Twitter in influencing legislation. It examines Trump's negotiation tactics, particularly in trade policies, and their implications for markets. The discussion also covers the impact of trade policies on small and large countries, and explores potential trade deals with Mexico and Canada, emphasizing the benefits of market access and dynamic trade agreements.

What is one potential risk of Trump's strategy of naming and shaming political figures?

• It will guarantee the passage of legislation.

• It might result in political figures uniting against him.

• It could lead to increased support for his policies.

• It will have no impact on political dynamics.

How should Trump's statements be interpreted according to the discussion in China?

• As purely for public entertainment.

• As irrelevant to policy making.

• As initial positions in a negotiation.

• As literal and final positions.

What is a key factor in determining the gains from trade between large economies like the US and China?

• The political climate in each country.

• The historical trade agreements.

• The bilateral negotiation of market access.

• The size of the economies involved.

What is the main goal of Trump's proposed changes to trade distortions?

• To increase global trade fairness.

• To favor US domestic income and employment.

• To eliminate all trade agreements.

• To strengthen international customs unions.

What benefit does the US seek from renegotiating trade deals with countries like Mexico and Canada?

• Access to new technology.

• Increased market access for exports.

• Reduction in import tariffs.

• Stronger political alliances.