Reciprocal Trade Act Is 'Spectacularly Bad Idea,' NFTC President Says

The transcript discusses the challenges in securing a trade deal with China, focusing on structural changes and trade deficits. It highlights the debate over presidential authority in trade, with differing views on the Reciprocal Trade Act. The role of the WTO in resolving trade issues is also examined, emphasizing the importance of existing rules and new initiatives for the digital economy.

What concerns do some senators have regarding the President's authority in trade matters?

What role does the WTO play in addressing trade issues according to the text?