Region as a whole. In short this is a model agreement that changes the trade landscape forever and this is an agreement that first and foremost benefits working people something of great importance to all three of us here today make no mistake we will stand up for our workers and fight for their families and their communities and donald its all the more reason why we need to keep working to remove the tariffs on steel and aluminum between our countries all right let me ask you what are you hearing at the g. Twenty summit about this new trade deal is it seen as a real improvement on nafta. Well not really brant most analysts that have taken a look at the agreement would conclude that it is not significantly different to the original nafta agreement maybe the only very important aspect is considering that nafta was signed in One Thousand Nine Hundred Three that it includes
a lot of digital aspects that did not exist at the time but other than that other than the concessions that it made
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to the european union are we seeing a leveling of the of the trade playing field here strumpets been demanding from europe. well this is really a political decision because if you look at it you know this oil beans that doesn t hurt the european union it s something that the e.u. can give the americans without really hurting now the liquid liquefied natural gas story is a more interesting story because you have to look at it this way the european union is very close to russia russia has a huge supply of gas this gas can be shipped to europe in a very easy way so why should the europeans not do that for political reasons because they don t want to be dependent on the russians for their energy as much as they have been in the past so they decide to ship liquefied natural gas with ships where you need liquefying stations in the united states you need stations in europe across the atlantic what happens of course this gas is much more expensive and the
dollars meanwhile china or tell us more tariffs target us agricultural products like soybeans and the chinese are turning their response into a propaganda victory. ever since u.s. president donald trump first announced tariffs on chinese exports beijing has been open about their own plans for italia treat tariffs on u.s. soil beans among other products for american farmers soybeans used to be one of the top exports now china is working hard to increase its own soybean output furthermore beijing is scoring political points by opening its doors to other asians oil producers the chinese government has announced plans to scrap tariffs on soybean imports from india bangladesh and sri lanka they also announced that they would reduce tariffs on other products from asian countries despite president trump s claims that it would be easy to win a trade war american farmers are already finding themselves on the losing side.
story tariffs target u.s. agricultural products such as soybeans and the chinese are turning their response into a propaganda victory. ever since u.s. president donald trump first announced tariffs on chinese exports beijing has been open about their own plans for a tell you treat tariffs on u.s. soil beans among other products for american farmers soybeans used to be one of the top exports now china is working hard to increase its own soybean output furthermore beijing is scoring political points by opening its doors to other asians soy produces the chinese government has announced plans to scrap tariffs on soybean imports from india bangladesh laos and sri lanka they also announced that they would reduce tariffs on other products from asian countries despite president trump s claims that it would be easy to win a trade war american farmers are already finding themselves on the losing side.
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