Sec. Ross Says Trade Partners Are Spoiled and That Game Is Over

Sec. Ross Says Trade Partners Are Spoiled and That Game Is Over

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Interactive Video

Business

University

Hard

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The video discusses non-tariff barriers as a method of trade retaliation, highlighting China's use of both quantitative and qualitative measures. It explains how countries like China and Europe have long employed non-tariff barriers, such as imposing unrealistic standards and restrictions on imports, to protect their markets. Examples include claims about mad cow disease and Asian flu to block U.S. beef and chicken imports. The video concludes by contrasting these protectionist practices with the U.S.'s free market approach and notes the shift in trade dynamics as the U.S. begins to defend against such practices.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker suggest that the US has been more open to free markets?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker imply about the future of trade relations with countries that have been protectionist?

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