Former Ex-Im Bank Chairman on Trade, Tariffs, Nafta

Fred Hochberg discusses US-China trade relations, highlighting the lack of an exit strategy and potential economic impacts. The conversation covers US power dynamics, trade negotiations, and the role of tariffs. It also touches on political perspectives, including bipartisan views on trade and the Export-Import Bank, and the influence of trade issues on the midterm elections.

What is the potential impact of US tariffs on consumer goods like iPhones?

• They will become cheaper.

• They will be banned from sale.

• They will have no change in price.

• They will have a tariff imposed, increasing their cost.

What is the myth discussed regarding US global trade power?

• The US can easily dominate global trade.

• The US has no influence in global trade.

• The US can only trade with China.

• The US is the only country with legitimate trade practices.

How does the EU's stance on tariffs differ within its member countries?

• All EU countries agree on removing tariffs.

• Germany opposes removing tariffs as they are a revenue source.

• The EU has no tariffs at all.

• The EU is unanimously against tariffs.

What challenge do Democrats face in appealing to voters in key states?

• Voters in key states support only Republican trade policies.

• Voters in key states are indifferent to trade policies.

• Voters in key states want more tariffs.

• Voters in key states are against NAFTA.

What is the stance of Democratic voters compared to their representatives on trade?

• Democratic voters are more anti-trade than their representatives.

• Democratic voters have no opinion on trade.

• Democratic voters are more pro-trade than their representatives.

• Democratic voters and representatives have the same stance on trade.