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How good is this for the rest of us . Will this make any difference . Mr. Kudlow i think it is better than nafta. I think it is broader than nafta. It updates nafta. In some important new economy ways. You have domestic content and labor issues which have been resolved. I think financial and digital services. We will get a lot of investments. I pulled out some of the estimates. A lot of people were quoting numbers. On theve wide ranges u. S. Economy. This reflects uncertainties about better investment and better risktaking. That is a gigantic number. There was a very wide range of 35 basis points on 1. 2 . Those are big numbers. That is why we thought this was a template of a trade agreement. Is very growth substantial. Worker defense, domestic content, very substantial. Really, this is our big trade partner. I know china is a sexier topic. The reality is, total trade with is basicallyxico slightly more than twice what it is with china. Could this be a template for trade agreements . M ....
[applause] hello eric, please take a seat. Make yourself comfortable. Lori larry. We have reached an agreement on the u. S. Mexico candidate deal. How good is this for the rest of us . We have reached an agreement on deal. S. Mexicocanada mr. Kudlow i think it is better than nafta. I think it is broader than nafta. It updates nafta. Particularly in some important new economy ways. The way this thing was always sense,d in a bipartisan you have domestic content and labor issues which have been resolved. You also have new economy issues. In particular, intellectual Property Rights which has never been put into one of these trade agreements before. I think financial and digital services. They are going to make a big difference. We will get a lot of investments that we might not have had. I pulled out some of the estimates from the International Trade commission. A lot of pe ....
From earlier this month this is about 15 minutes. It so the u. S. Economy has been expanding now for several years, but the Global Economy has slowed a bit and weve seen a little bit of an uneven performance with a consumer at times. And somebody said reception. Lets talk about these issues crews the roller kudlow whose the assistant to the president. Please welcome them. Hello larry, please take a seat. Hello lets just jump right into it because we have a lot of news this morning. Pelosi Just Announced the democrats and the administration have great reached an agreement on the un usmca deal, especially two votes next week, how good is this for the rest of us . For the u. S. Economy . Is it going to make any difference, and really is it any better than . After i think its better than nafta, i think its brother the nafta, i think it updates nafta. Particularly, in some importa ....
The decisions of the committee for the second reading three or four times, introducing amendments agreed in closed offices behind closed doors it is unknown with whom and unknown by whom we will not be able to qualitatively build a democratic system in the state and will not develop institutions that are the very guarantee of our integration into the European Union and nato, which should ensure at this stage equal conditions for equal conditions for entering the market of all players of all businesses and getting rid of the political influence of oligarchs , that is exactly what we are fighting for, but these are the moments and this draft law does not correspond to that, colleagues. We have all the prepared materials in order to finalize it qualitatively. Political will archamia political will will be for the second stage of the reform, i ask you to confirm this, thank you dear colleagues , please one minute burmich, please dear ....