Laffer: If I Were in Congress I Would Vote for TPP

The transcript discusses the Trans-Pacific Partnership (TPP), highlighting its flaws and non-tariff barriers, particularly in Japan. The speaker suggests replacing TPP with a simple free trade deal, allowing unrestricted international trade except for strategic materials. The impact of President Trump's potential trade deal cancellations is considered minimal, and the speaker advocates for global trade negotiations, especially with English-speaking countries. Criticism is directed at the EU's trade policies, emphasizing the importance of competition among governments for prosperity.

What does the speaker believe would be the impact of tearing up trade deals?

What is the speaker's opinion on the European Union's approach to trade?