NFTC President Warns Trade War Cuts U.S. Access to Global Growth

The video discusses the current state of the US economy, highlighting its growth compared to other countries, including China. It examines the short and long-term impacts of tariffs, noting that while the US economy is strong, tariffs increase costs for businesses and consumers. The video argues that high tariffs are not beneficial in the long run and stresses the importance of competing globally and opening markets, especially in Asia, to ensure future economic growth.

According to the speaker, what percentage of growth in the middle class will occur in Asia over the next 20 years?

What does the speaker suggest is necessary for the US to compete in Asian markets?