APEC Secretariat's Bollard on Nafta Talks, Asia Interests

The video discusses the US administration's focus on the manufacturing trade deficit, the impact of NAFTA on jobs, and the challenges in renegotiating NAFTA. It highlights the complexities of trade agreements, the potential for strategic delays, and the dynamics of US-China trade relations. The discussion also touches on the use of TPP as a template for NAFTA negotiations and the broader implications for global trade.

What has been the primary focus of the US administration regarding trade?

• Manufacturing trade deficit

• E-commerce

• Services trade

• Intellectual property returns

How many jobs are currently associated with NAFTA in the United States?

• 5,000,000

• 1,000,000

• 750,000

• 10,000,000

What is one of the key areas Canada is focusing on in NAFTA negotiations?

• Reducing tariffs

• Increasing manufacturing jobs

• Maintaining a dispute resolution body

• Enhancing cybersecurity

Which area is NOT mentioned as a focus for updating NAFTA?

• Digital movements

• Privacy and cybersecurity

• Agricultural trade

• E-commerce

What is a common challenge in trade negotiations according to the transcript?

• Too many trade agreements

• Lack of interest from leaders

• One player holding up negotiations for strategic reasons

• Quick resolution of details

What was TPP seen as in terms of trade agreements?

• An outdated agreement

• A non-negotiable agreement

• A low-quality template

• A good quality template

What is the concern regarding US trade policies and China?

• Improved intellectual property rights

• Decreased competitiveness

• Increased collaboration

• A potential trade war