U.S. Trade Rep. Froman: TPP Helps Level the Playing Field

The transcript discusses the strategic importance of the Trans-Pacific Partnership (TPP) in setting trade rules and countering China's influence. It highlights the impact of globalization and technology on US jobs, emphasizing the role of trade agreements in shaping globalization and raising standards. The discussion also covers smaller trade agreements, such as the Environmental Goods Agreement, which aim to promote economic and environmental benefits.

What is one of the main reasons the United States supports the TPP?

• To increase tariffs on imports

• To strengthen China's economic position

• To reduce the number of trade agreements

• To establish trade rules that reflect U.S. interests

How does the RCEP differ from the TPP in terms of standards?

• RCEP does not strengthen intellectual property rights

• RCEP includes more countries than TPP

• RCEP has stricter labor and environmental protections

• RCEP focuses on digital economy regulations

What is a significant factor contributing to job losses in U.S. manufacturing?

• Increased tariffs on exports

• High labor costs

• Lack of trade agreements

• Technology and automation

What is a key benefit of the Environmental Goods Agreement?

• It focuses solely on reducing labor costs

• It promotes the use of non-renewable resources

• It increases tariffs on environmental goods

• It facilitates the trade of products that support a greener planet

What is the main goal of smaller trade agreements like the Environmental Goods Agreement?

• To focus on agricultural products only

• To reduce the number of trade partners

• To promote trade in environmentally friendly products

• To increase tariffs on all goods