Sen. Grassley on USMCA, Phase One Trade Deal, Impeachment

The transcript discusses the impact of trade agreements like USMCA and the US-China phase one deal on agriculture, highlighting benefits for dairy and wheat exports to Canada and potential agricultural purchases by China. It also covers the enforcement of trade agreements and the role of US businesses in China. Additionally, the transcript outlines the Senate impeachment process, emphasizing the need for bipartisanship and the timeline for USMCA ratification.

What is one of the key benefits of the USMCA for farmers in Iowa?

• Higher tariffs on Canadian goods

• Reduced employment in rural areas

• Increased dairy exports to Canada

• Decreased wheat production

How does the US-China Phase One deal aim to address trade disputes?

• Through a consulting process for fair treatment

• Through currency manipulation

• By imposing higher tariffs

• By reducing agricultural exports

What is a significant aspect of the US-China Phase One deal?

• China's withdrawal from the WTO

• Increased US tariffs on European goods

• China's commitment to buy $40 to $50 billion of agricultural products

• Reduction of US tariffs on Chinese goods

What is the role of Mitch McConnell in the Senate impeachment process?

• To act as the chief prosecutor

• To lead the defense team

• To set the rules for impeachment proceedings

• To represent the President

When is the USMCA expected to be signed according to the discussions?

• Immediately after the impeachment is concluded

• Before the impeachment process begins

• During the impeachment trial

• After the next presidential election