Trust Is Indispensable in Trade Talks, Ex-Trade Rep. Says

Trust Is Indispensable in Trade Talks, Ex-Trade Rep. Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The transcript discusses the complexities of trade negotiations, emphasizing the importance of trust and the impact of tariffs on the global economy. It highlights the need for regular high-level meetings to address differences and build trust. The discussion also touches on the effects of uncertainty on business decisions, with companies adjusting supply lines. Additionally, it explores the cultural impact of globalization, using the NBA as an example, and the decline in America's global popularity. The need for strong leadership to restore trust and maintain global agreements is underscored.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can high-level meetings contribute to resolving trade differences?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of companies changing their supply lines in response to trade uncertainties?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does digital commerce play in the context of globalization?

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