Name: How Trump's Trade War Went From Method to Madness
Uploaded: 2020-03-12T08:20:21.000Z
Duration: 13 min 51 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Adverbs of degree

The China trade deal is dependent on one thing,

And it's really hard to think back to the beginning of it,

Over the course of the U.S.-China Trade War,

Trump's aggressive policies and unpredictable behavior

has managed to bring the Chinese to the negotiating table.

We've come to a very substantial phase one deal.

and it just so happens that it was Donald Trump

looming on the horizon, can that same aggressive strategy

I wrote a paper during the Obama Administration

saying people are not taking China seriously enough,

and the President has to be directly involved

for American policy to actually make sense.

The reality is that the Trump Administration

has done this in a much more aggressive way

It was an asset going into this trade war.

of when negotiating tactics turn from method to madness.

We can't continue to allow China to rape our country,

It's the greatest theft in the history of the world.

President Trump ran a successful campaign

of denouncing China's unfair trading practices.

that the President inherited a very difficult situation,

one where we probably should have addressed

some of these problems with China a lot sooner.

But I think the President had great wisdom and courage

to step up and realize that we really can

on how they could rebalance the relationship with China.

which we were trying to decide how do we get the Chinese

to reduce their intellectual property coercion and theft.

They weren't gonna stop, but how can we reduce it?

How can we show we're serious about this issue,

And that got pulled into the President saying,

Putting tariffs on all firms doesn't discourage theft

Tariffs are really the big bazooka in the trade world.

or if you do use them in the trade world,

you tend to use them for short-term leverage

to try and get someone to the negotiating table.

the trade representative, was testifying on Capitol Hill,

and he was kind of laying out what he called an algorithm.

The purpose of your algorithm is to pick out things

to the extent you can that are in that category.

Things that are in the category have the maximum effect

on China and the minimum effect on U.S. consumers.

at the U.S. Trade Representative's office came up with

And we've seen this a lot in our reporting,

that the President really likes round numbers.

raising the total initial tariffs to $50 billion.

And while looking back, this may seem haphazard,

it is part of President Trump's strategy.

Subtitles ListPlay Video

How Trump's Trade War Went From Method to Madness

tough

strategy

term

realize