Trump's Trade Policy Focused on Trade Deficits: Greene

The transcript discusses the Trump administration's focus on trade deficits with countries like China, Mexico, and Germany. It explores the challenges of imposing tariffs, the potential for a border tax, and the implications of Section 301. The discussion also covers China's possible retaliation and the geopolitical risks associated with trade policies, including the impact on US GDP growth and the connection between trade and foreign policy issues like the one China policy.

What is the main focus of the Trump administration's trade policy according to the first section?

• Establishing free markets

• Addressing trade deficits

• Increasing exports

• Reducing imports

What is one potential action the Trump administration might prioritize according to the second section?

• Increasing foreign aid

• Implementing a border tax

• Reducing tariffs

• Expanding NAFTA

What is Section 301 primarily concerned with?

• Healthcare reforms

• Environmental regulations

• Trade agreement violations

• Immigration policies

What is a potential consequence of invoking Section 301?

• Improved diplomatic relations

• Lower tariffs

• Trade wars

• Increased foreign investment

What geopolitical issue is linked to trade negotiations in the fourth section?

• Climate change

• One China policy

• Space exploration

• Nuclear disarmament

What is a significant challenge in incorporating geopolitical risks into economic forecasts?

• Technological limitations

• Lack of data

• High unpredictability

• Insufficient funding

What is a key concern for China in the context of trade policies?

• Increasing tourism

• Maintaining the one China policy

• Expanding military presence

• Reducing carbon emissions