Wilbur Ross on USMCA, China Trade Relations and U.S. Steel

The video discusses the successor agreement to NAFTA, known as USMCA, highlighting its benefits for US agriculture and automotive sectors. It covers political views on the agreement's ratification and improvements made by Democrats. The US-China trade deal's phase one is explained, focusing on agriculture and industrial products, with future phases addressing technology issues. Huawei's trade restrictions and the US steel industry's challenges are also discussed, emphasizing the impact of tariffs and investment in modern facilities.

How does the enforcement mechanism in the Phase One agreement work if the Chinese do not comply?

What challenges are associated with the approval process for waivers related to Huawei?

What impact have tariffs had on the US steel industry according to the discussion?

What is the expected outcome of the tariffs on steel from Argentina and Brazil?