speakers included a formal consultant from the office of the u.s. trade representative and member of the white house council of economic advisors. from the american enterprise institute, this is two hours. we ll start again. good morning, ladies and gentlemen, i m glad you re with us. i m alex pollock from the r street institute. and we welcome you on trade deficits and the trump administration. it goes without saying debates about trade, tariffs, other barriers to trade, balance of trade and payments and shifts in foreign exchanges, whether the flee of gold in old bays or reserves nominated in fiat currencies now have a long and controversial history in domestics and in politics. these debates feature the famous and essential contrast between the interests of producers on one side and those of consumers on the other, abiding asymmetry and pressures for adjustment between countries with persistent deficits like the u.s. versus those with persistent surplus, germany for exam
us. i m alex pollock from the r street institute. and we welcome you on trade deficits and the trump administration. it goes without saying debates about trade, tariffs, other barriers to trade, balance of trade and payments and shifts in foreign exchanges, whether the flee of gold in old bays or reserves nominated in fiat currencies now have a long and controversial history in domestics and in politics. these debates feature the famous and essential contrast between the interests of producers on one side and those of consumers on the other, abiding asymmetry and pressures for adjustment between countries with persistent deficits like the u.s. versus those with persistent surplus, germany for example. naturally throughout this is the desire of politicians to get and remain in office. political economy is certainly the accurate term here. discussions of trade deficits cannot be divorced from the international monetary system, levels of exchange rates or role of the u.s. dollar
public service by america s cable television companies. it is brought to you today by your cable or satellite provider. the american enterprise institute here in washington, d.c. posted a panel discussion on the impact of efforts to reduce the usa trade deficit. following their presentations and rebuttals, panelists answered questions from the audience. there we go. we ll start again. good morning, ladies and gentlemen, i m glad you re with us. i m alex pollock from the r street institute. it s a pleasure for us to welcome you to this timely conference on trade deficits and the trump administration. it goes without saying debates about trade, tariffs, other barriers to trade, balance of trade and payments and shifts in foreign exchanges, whether the flow of gold in old days or reserves nominated in fiat currencies now have a long and controversial history in economics and in politics. these debates feature the famous and essential contrast between the interests of produce
efficient, and i think that should be at the forefront of agenda. what would you like to see come out of this specifically? what are some of the signals that you ll be keeping an eye out for from a high-tech sector standpoint speak with first and foremost i agree with all the panelists of our who said it s a sign that this is happening, a good sign in terms of the least pay, stability of the relationship i think that s very important that we see a strong message of stability. i think the other thing around some tangible cooperation areas with specific metrics and next steps on what s going to happen. i think that needs to be at least published on timelines of windows next steps are going to happen. again, i am biased but i think technology should be a cross every one of those things. allowing broader access, you should be things around access to cheaper broadband building out the highways, the digital highways in brazil. i think it s fundamental for anything that happens. e
then he would just be one of us. i am trying to understand. [inaudible] [inaudible] [inaudible] and that justification the only journalists but is publicly criticized. i ve wasted on the next day and it was a shutdown. [inaudible] and who canceled the flight because the situation isn t that clear. [inaudible] thank you. i m from the united states institute of peace. i wonder if you could reflect a little bit about this russian narrative and what it means to be russian and how has this changed since the that changed since the end of the cold war if it has in various parts of russia. it might vary from one place to another. but how has that idea involved, and how does that affect the internal debate and discussion in the potential susceptibility to the disinformation and propaganda? [inaudible] and it unites everybody. and we care that people stop this. this is the defense of the majority situation. because on the level that is recognized for russia in the different regions.