'Foolish' to Think China Will Live Up to Trade Deal, Hayman's Bass Says

The video discusses the absence of WTO backing in a trade agreement with China, emphasizing the role of key figures like the ambassador and president in ensuring compliance. It highlights the uncertainty faced by Iowa farmers regarding the agreement's impact on their business. The discussion also covers skepticism about China's adherence to agreements, with a slight optimism for enforceable terms.

What role do the ambassador and the president play in the context of the trade agreements discussed?

How does the speaker relate the situation of a farmer in Iowa to the broader context of trade agreements?

What concerns does the speaker express about the trustworthiness of the Chinese in trade agreements?

What does the speaker imply about the nature of optimism regarding enforceable agreements with the Chinese?

What is the speaker's perspective on the likelihood of the Chinese living up to their agreements?