Sen. Perdue Says Farmers Need Equal Access to Markets

The transcript discusses the impact of trade tensions and tariffs on the economy, focusing on the effects on farmers and businesses. It highlights the pragmatic approach of President Trump in trade negotiations, particularly with NAFTA and South Korea. The discussion also covers the uncertainty faced by businesses due to trade policies and the need for a level playing field in global trade.

What is one of the main concerns about using tariffs as a negotiation tool?

• They are too complex to implement.

• They are too expensive to maintain.

• They can create winners and losers.

• They are not supported by any country.

What is the proposed aid amount for farmers affected by tariffs?

• $15 billion

• $12 billion

• $10 billion

• $8 billion

What is the main goal of the President's trade negotiations with South Korea?

• To increase tariffs on imports

• To create a more level playing field

• To eliminate all trade agreements

• To reduce exports to South Korea

What is a significant challenge faced by businesses during trade wars?

• Lack of skilled labor

• Uncertainty in trade policies

• High interest rates

• Increased competition

What is the President's main objective in trade negotiations?

• To increase domestic production

• To create a level playing field

• To reduce government spending

• To increase import tariffs

How has the President's approach to trade affected exports?

• Exports have remained the same.

• Exports are viewed as an opportunity for growth.

• Exports are no longer a priority.

• Exports have decreased significantly.

What is necessary for businesses to plan effectively during trade uncertainties?

• More competition

• Increased government subsidies

• Certainty in trade policies

• Higher interest rates