Former Ex-Im Chair Sees U.S.-China Trade Link on N.Korea

The transcript discusses the complexities of U.S. trade policies, focusing on intellectual property issues with China, the interconnectedness of foreign and economic policies, and the ongoing NAFTA negotiations. It highlights the nuanced approach needed in trade relations and the challenges of addressing trade deficits.

What specific issue is the U.S. administration targeting in its trade policy with China?

• Labor rights

• Environmental regulations

• Intellectual property sharing

• Currency manipulation

How does the U.S. administration view the relationship between its foreign policy towards China and North Korea and its economic policy?

• They are completely separate

• They are linked only in military contexts

• They are strongly linked

• They are only linked during trade negotiations

What historical development is mentioned as linking economic and security policies in the U.S.?

• The formation of the National Economic Council

• The creation of the Department of Homeland Security

• The establishment of the World Trade Organization

• The signing of the NAFTA agreement

What is the main focus of the upcoming NAFTA negotiations?

• Intellectual property rights

• Environmental standards

• Trade deficit with Mexico

• Labor laws

What is the trade balance among the U.S., Mexico, and Canada under NAFTA?

• A $12 billion deficit

• A $12 billion surplus

• A $20 billion deficit

• A balanced trade