'Big Incentive' to Complete Nafta Before Mid-Terms, Gutierrez Says

The transcript discusses the renegotiation of NAFTA, emphasizing the US's desire to focus on China. It highlights political motivations in the US and Mexico to finalize NAFTA before key political events. The potential exclusion of Canada from a trilateral agreement is explored, with concerns about bilateral deals. The discussion also covers agreements on auto rules between the US and Mexico, and the implications of potential tariffs on cars not meeting specific criteria.

What is one of the main reasons the US wants to conclude NAFTA negotiations quickly?

• To increase tariffs on Mexico

• To improve relations with Canada

• To shift attention to China

• To focus on trade with Europe

What is the political calculation regarding China in the US heartland?

• China is more popular than NAFTA

• China plays better politically than NAFTA

• China is seen as a lesser threat than NAFTA

• NAFTA is more beneficial than trade with China

Why is there pressure on Canada in the NAFTA negotiations?

• The US is offering better terms to Canada

• Canada wants to focus on trade with Asia

• The US and Mexico are negotiating more effectively

• Canada has already agreed to a bilateral deal with the US

What is a potential consequence of the US imposing a 25% tariff on cars?

• Higher demand for US-made cars

• Difficulty in exporting cars from the US

• Lower production costs in the US

• Increased car exports from the US

What is a sticking point in the US-Mexico auto rules agreement?

• The percentage of auto parts made in Canada

• The criteria for auto content rules

• The role of European car manufacturers

• The inclusion of electric vehicles