Commerce Secretary Says U.S. Needs to Do Business With China

The video discusses the challenges of global business during COVID-19, emphasizing the need for a balance between domestic and overseas production. It highlights the importance of export promotion and maintaining free markets, even with countries like China. The speaker plans to focus on domestic strategies for the first 18 months to support American businesses.

What is the administration's stance on building factories overseas?

• Promoting international partnerships

• Encouraging more overseas factories

• Reducing domestic production

• Focusing on domestic production

What is the speaker's plan regarding export promotion?

• To ignore export activities

• To focus solely on domestic markets

• To actively promote exports

• To limit exports to specific countries

Why does the speaker believe both domestic production and exports are important?

• To balance economic growth

• To avoid foreign competition

• To focus only on local markets

• To reduce international trade

What is the speaker's view on doing business with China?

• It should be limited to imports

• It is important for exports

• It should be avoided

• It is unnecessary

What is the speaker's primary focus for the first 18 months?

• Domestic focus

• Increasing imports

• International expansion

• Reducing exports