U.S. Consumers Paying a China 'Tariffs Tax,' Former Amb. Heyman Says

The transcript discusses the US-China trade discussions, highlighting the lack of strategy and the impact of tariffs on American consumers. It also covers the strained relations between the US and its allies, particularly Canada, due to trade policies and diplomatic issues. The importance of maintaining strong alliances is emphasized, with examples of Canada's support to the US in various crises. The transcript concludes with Canada's challenging position in global politics, especially concerning the Huawei CFO case.

What is the main misconception about tariffs mentioned in the discussion?

• Tariffs are a form of foreign aid.

• Tariffs are paid by the exporting country.

• Tariffs are a tax on American consumers.

• Tariffs have no impact on trade.

How does the speaker describe the current US approach to trade negotiations?

• Highly diplomatic

• Strategic and well-planned

• Amateurish with little strategy

• Focused on mutual benefits

What is the speaker's view on the US relationship with Canada?

• It is irrelevant to US interests.

• It is stronger than ever.

• It is improving due to new trade deals.

• It has been damaged by recent policies.

What historical events demonstrate Canada's support for the US?

• The Cuban Missile Crisis and the Cold War

• The Korean War and the Iraq War

• The fall of Iran and Hurricane Sandy

• The Vietnam War and the Gulf War

What issue has put Canada in a difficult position with China?

• The extradition of a Chinese national

• The imposition of steel tariffs

• The withdrawal from the Paris Agreement

• The renegotiation of NAFTA