CFR's Alden Seeks Sophisticated Trump Trade Strategy

The video discusses contrasting views on trade policies, focusing on Navarro's and Rubini's perspectives. Navarro advocates for reducing trade deficits through bilateral negotiations, while Rubini warns against border taxes and highlights global supply chain disruptions. The discussion shifts to the importance of multilateral trade strategies, particularly in addressing China's trade practices. The video concludes by examining the mercantilist approach of the Trump administration and the need for sophisticated trade strategies.

What is Navarro's approach to reducing trade deficits?

• Increasing domestic production

• Reducing consumer spending

• Implementing multilateral trade agreements

• Focusing on bilateral trade deals

According to Rubini, what would be the impact of the border tax?

• It would boost domestic production

• It would create massive disruptions

• It would reduce global supply chains

• It would improve trade balance

What historical event is mentioned in relation to trade negotiations?

• The establishment of the Atlantic Charter

• The signing of NAFTA

• The creation of the European Union

• The Bretton Woods Conference

What was the purpose of the Trans-Pacific Partnership (TPP) according to the discussion?

• To increase tariffs on Chinese goods

• To force China into a set of trade rules

• To isolate China from global trade

• To promote bilateral trade with Japan

What is suggested as a necessary approach to dealing with China's trade practices?

• A single, straightforward strategy

• Multiple, sophisticated strategies

• Complete withdrawal from the WTO

• A return to mercantilist policies