U.S. Trade Tactics Hold Potential for Global Good, El-Erian Says

The transcript discusses the effectiveness of American protectionism and the potential benefits of the new US trade approach. It highlights challenges like non-tariff barriers and the Trump administration's strategy, which deviates from traditional cooperative negotiations. The European response and focus on trade deficits are examined, along with the need for structural solutions to issues like IP theft. Concerns about predictability and repeated use of US trade strength are also addressed.

What is the significance of a 'structural solution' in the context of trade negotiations?

In what ways do the Europeans agree with the US regarding IP theft?