The Davos Elite Talk Trade, Protectionism and Trump

The video discusses the concept of protectionism in global trade, highlighting that while some corrective measures and negotiations are necessary, significant protectionism is not expected. Concerns about protectionism are addressed, emphasizing the need for citizens to see trade benefits personally. Historical context is provided by examining tariffs imposed by Obama and Trump, which are criticized for their negative impact on the global environment and American economy. The video concludes by affirming a commitment to free trade and its role in developing solar projects.

What is the general view on protectionism in a world of open trade?

• It is beneficial for economic growth.

• It is the only way to ensure fair trade.

• It is not a favorable approach.

• It is necessary for national security.

Why is it important for citizens to see the benefits of trade personally?

• To ensure public support for trade policies.

• To increase government revenue.

• To promote local businesses.

• To reduce unemployment rates.

Which past U.S. president implemented solar panel tariffs?

• Barack Obama

• Donald Trump

• George W. Bush

• Bill Clinton

What is one negative impact of protectionism mentioned in the transcript?

• It increases inflation.

• It reduces technological innovation.

• It harms the global environment.

• It leads to higher taxes.

Despite protectionist measures, what is the stance on free trade and solar projects?

• They will be postponed indefinitely.

• They will continue as planned.

• They will be heavily modified.

• They will be abandoned.