Is the U.S.-Mexico-Canada Trade Deal at Risk?

The video discusses the impact of tariffs imposed by President Trump on Mexico and China, with Peter Navarro expressing optimism about their effectiveness in addressing border issues. Derek counters this view, highlighting potential economic disruptions and challenges in substituting products. The discussion also touches on the implications for the USMCA and the complexities of trade votes.

What is Peter Navarro's perspective on the impact of tariffs on illegal immigration?

• He believes tariffs will have no effect.

• He is unsure about the impact of tariffs.

• He thinks tariffs will change the Mexican calculus.

• He believes tariffs will solve the problem immediately.

According to Derek, what is a major downside of relying on tariffs to solve border issues?

• They are too costly for the government.

• They are too difficult to implement.

• They disrupt markets and the economy.

• They are ineffective in the short term.

How does Derek describe the effect of tariffs on both Mexico and China?

• They are a minor inconvenience for consumers.

• They only affect Chinese products.

• They act like a tax increase on American consumers.

• They have no significant impact on trade.

What is a potential risk to the USMCA trade agreement mentioned in the transcript?

• It might be suspended due to border emergencies.

• It will be unaffected by political changes.

• It will lead to increased trade with China.

• It could be strengthened by new tariffs.

Why are trade votes considered difficult according to the transcript?

• They are not supported by the public.

• They are often delayed by legal challenges.

• They involve criticism and risk of being undercut.

• They require unanimous approval.