Sen. Lankford on China Tariff Relief, Brexit and Huawei

The video discusses various trade-related topics, starting with the 301 tariffs and the need for an exclusion process to protect American manufacturers. It then explores the impact of tariffs on imports and exports, highlighting retaliatory actions by China. The discussion shifts to potential US-UK trade agreements post-Brexit, emphasizing the importance of not being locked out of future deals. The video also covers the debate over the President's emergency declaration for border wall funding, focusing on legal and security implications. Finally, it addresses global security concerns related to Huawei's access to telecommunications and the potential risks to privacy and information security.

What is the main focus of the proposed legislation regarding the 301 tariffs?

• To increase the tariff rate to 25%

• To ensure an exclusion process for future tariffs

• To eliminate all tariffs on Chinese products

• To focus only on steel and aluminum tariffs

How have Chinese retaliatory actions affected US exports?

• By targeting specific products like soybeans

• By reducing the tariffs on US goods

• By improving trade relations with the US

• By increasing the demand for US products

What is a key concern for the US regarding a Brexit deal?

• The UK forming a deal that excludes the US from future trade negotiations

• The UK joining a trade agreement with China

• The UK increasing tariffs on US goods

• The UK reducing its defense budget

What is the US's stance on trade with the UK post-Brexit?

• The US wants to be excluded from UK trade deals

• The US seeks to negotiate on aerospace and agriculture products

• The US plans to impose tariffs on UK goods

• The US is not interested in any trade agreements with the UK

What is the President's legal authority concerning the emergency declaration for the border wall?

• He has full authority over all military budgets

• He can use funds from the Treasury Asset Forfeiture fund

• He has no legal authority over any funds

• He can bypass Congress for any funding

Why is Huawei considered a global security threat?

• It manufactures all global telecommunications equipment

• It has access to telecommunications data that could be shared with the Chinese government

• It is the only provider of 5G technology

• It has no presence outside of China

What is the potential consequence of using military construction budgets for the border wall?

• No legal challenges

• Long-term court cases delaying construction

• Increased military spending

• Immediate completion of the wall