Veda Partners' Treyz on Trump's Tariff Proposals

The transcript discusses the implications of the USMCA trade agreement and potential tariffs under President-elect Trump's administration. It covers the use of national security clauses to impose tariffs, the economic impact on US-Canada-Mexico trade, and the strategy behind tariff negotiations. The discussion also touches on the Phase 1 trade deal with China and the potential for increased tariffs due to non-compliance.

What allows the president-elect to impose tariffs under the USMCA?

• The national security clause

• The environmental protection clause

• The economic stability clause

• The trade balance clause

How quickly can tariffs be implemented after the president-elect is sworn in?

• Within 12 hours

• Within 24 hours

• Within 48 hours

• Within 72 hours

What is a major concern regarding tariffs on auto manufacturing?

• The tariffs apply only once

• The tariffs apply every time parts cross the border

• The tariffs are only on finished products

• The tariffs are waived for electric vehicles

What was the initial tariff rate for steel under Section 232?

• 15%

• 25%

• 10%

• 20%

What is the potential future action regarding tariff rates?

• They are scheduled to increase

• They will remain constant

• They will be eliminated

• They will decrease over time

What was China supposed to purchase under the Phase 1 trade deal?

• Automobiles

• Agricultural products

• Electronics

• Textiles

What is the proposed tariff increase on Chinese goods?

• 20%

• 5%

• 10%

• 15%