Trump Says All Three Countries to 'Benefit Greatly' From USMCA

The transcript discusses a historic trade agreement benefiting multiple countries, particularly the US. It highlights the support for high-paying manufacturing jobs, increased access for American exports, and significant advancements in agriculture and biotechnology. The agreement also includes measures to ensure fair competition and promote high wages, especially in the automotive sector. Additionally, it provides robust intellectual property protection and ambitious environmental and labor protections.

What is one of the key benefits of the new trade agreement for the United States?

• Reduction in agricultural exports

• Decreased access to foreign markets

• Increased tariffs on imports

• Support for high-paying manufacturing jobs

How does the agreement benefit American farmers?

• By reducing the need for biotechnology

• By expanding agricultural exports to Canada and Mexico

• By limiting access to international markets

• By increasing tariffs on agricultural products

What percentage of automobile content must be manufactured by North American high-wage labor to gain preferential market access?

• 40% to 45%

• 60% to 65%

• 25% to 30%

• 50% to 55%

Which of the following is included in the intellectual property protections of the agreement?

• Robust new provisions on digital trade

• Basic environmental protections

• Minimal labor protections

• Limited digital trade provisions

What makes the environmental and labor protections in this agreement notable?

• They focus solely on digital trade.

• They are the most ambitious ever placed into a major trade agreement.

• They are only applicable to the United States.

• They are the least ambitious ever placed into a trade agreement.