4 Burst results for "Robert Lighthizer United States Trade"

"robert lighthizer united states trade" Discussed on WMAL 630AM

WMAL 630AM

06:35 min | 5 months ago

"robert lighthizer united states trade" Discussed on WMAL 630AM

"Good morning to you. 8 37. W. Washington comes to convince colonies of Mary Walter. Good morning. Joining us right now is the United States Trade Representative Ambassador Robert Lighthizer. A very busy man. Glad you could carve out some time for us. Ambassador Lighthizer gonna have it. Well, thank you, Vince. It's a pleasure to be here. Nice to talk to you. We've got interesting seriously in the Wall Street Journal in the last 24 hours about our trade relationship. With China that apparently, the United States in September has accounted for 7% of all crude oil imports, meaning the United States is sending a lot more oil to China now and the Middle East. Not quite as much. Is this the result of your work and the president's work in the relationship with China? Well, I would say first of all that. You know, we have this historic trade deal with China. Really? If you look at our predecessors had never even had an agreement written written down right? They announced agreement that we're just press releases. We have an agreement that make structural changes. This enforceable that keeps tariffs on $370 billion with the products in on coming in from China, and then that also has certain goals. Ah, lot of those goals. People talk about agriculture goals where China really is counting for enormous amount of agricultural exports right now, but part of that is also energy and in the energy area. Um, the United States is now selling a lot of energy to China, which is a good thing, particularly given the fact that the economy is slow The price of you you'll recall the price of energy was historically low, Not long ago. I like not sustainably love. So this is good for America and the and the answer is, yeah, there buy more from us than they are in the Middle East and And they're also buying an enormous amount of I say other manufactured products and an agricultural products. Those are all great things we the two countries clearly need each other as faras trade goes and supplies with each other. But new Gingrich had a very interesting piece in Fox News in the opinion section about the Chinese infiltration into our country, collecting data on every American citizen into our universities and stealing our our intellectual property and I'm just curious as to how we walk that fine line to have them as a trade partner, partner where it is mutually beneficial, but also prevent them from from all of this espionage in all of this spying as well as the left. Well, I mean, that's a great great question, Mary until looking, and until this president came along, we just basically let him have their way. And you saw our trade deficit with them increase you know from from behind number two unsustainably high number of over $400 billion and really no action in this cyber theft in the data collection in the purchasing of U. S companies with data and with with technology, so if it is a difficult line to walk This president is very, very aggressive on this subject. We have to protect ourselves. You know politically we have to protect ourselves in the cyber world. We had subject ourselves in the business world and intellectual property. We have a lot of fronts. We have to protect and work with our allies like India's and others who are on the frontline of these problems, but at the same time to the extent we can and without sacrificing any security We should take advantage of sales of agricultural products and other things. There is a fine line here. But if you ask me is the line if you're going to fail, you fail on the side of more sales or Mohr security. It's clear you do more on the security side, right? I mean, the security side. The data the Aye aye. All this stuff is more important. Having said that. There are a lot of farmers and risk working people out there who also benefit from a from a good trade deal. So that's what we're trying to walk that line. I think this president is the first person really in my lifetime has kind of taken on this issue, and it's OK. Fine status quo was not acceptable. Yeah, In fact, I was just about to say, you know, you and the president have shown an unusual level of toughness. On China, given the decades of just rolling over for the Chinese that the United States has been doing, But in light of that, I also wonder if that's famous Chinese patients is coming into play right now in your negotiations are do you get the sense that the Chinese are waiting to see what happens in the election before they make any more moves? In other words, How is the election affecting your negotiations with China? Well, I mean, what? What we're trying to do right now, as in administration is take the steps necessary on the security, the cyber theft. The purchasing you were doing all that stopped. It's necessary to save American. You are geopolitical interests and our and our jobs. So we're doing all that. We also want to see the phase one deal, which is really this historic, enforceable deal. Become a success. But look, Att. China is not going to negotiate and make concessions to the United States right now. I mean, the reality is that that this is the first president who has been tough on this front and and I don't think there's any question that they're gonna wait now and see what happens, eh? So what work trying to do was do the things that are necessary in the security fraud you've seen Secretary Pompeo and a lot of other people out there, making it very clear that we're doing the kinds of things we need to do Secretary men, Yushin and others and then try to maintain this deal in the economic relationship, and then we'll see where we are after the election, and I I don't I don't want to, you know, say where they come out on this, But I would say that If you ask me what was the most significant mistake America has made in the in the in the trade policy area. My lane. It was it was giving China most favored nation treated and then and course, former Vice President Biden voted for that I was even at the time against it. It was a huge, huge mistake, and it led to them entering the WTO's When a lot of to a lot of the problems we have get a body in the White House Joe Biden Raj Thankyou, Ambassador Robert Lighthizer, United States Trade Representative Nice to talk to you this morning. It's great talk to YouTube and very thank you so much as a 43 Washington comes.

China president United States Ambassador Robert Lighthizer United States Trade Mary Walter Middle East Representative theft America Wall Street Journal W. Washington Vice President Joe Biden Vince YouTube Washington Fox News India
"robert lighthizer united states trade" Discussed on C-SPAN Radio

C-SPAN Radio

12:18 min | 1 year ago

"robert lighthizer united states trade" Discussed on C-SPAN Radio

"Mean it's better the washing machine instead more last year than in history and in the news is terrible it is a lot of unions of who wins or loses what happens would you shed some light on when they're leading whether she's really pays it collects that where the money goes nine part quest so actually just quick history because I had fun with this the very first bill passed by the colonel Congress was a tariff because we have to pay the war debt so from the founding of this country until nineteen thirteen when we actually had an income tax that's always fun to the government it was the terrace and the poll tax but overwhelming US tariffs and they can be very distorted so in some ways we discarded largely the idea of the terrorists as a tool of revenue raising or public policy amaze Israelis had with Smoot Hawley and other things in the depression but basically tariffs are somewhat of a discarded twentieth century idea that we have decided to revive and renovate in the twenty first century so there is a chapter here on this let's be clear we pay the tariff the Chinese do not pay the tax we've had a tough when the goods are imported and there's a ten percent levy the importer with the manufacturer or the retail store whatever has to send a check to the Internal Revenue Service to the tax service for the seven percent ten percent up to twenty five percent is what president trump has talked about so it's a very blunt tool it's very hard to unwind but we pay it now sometimes it gets embedded in companies told me you know if the therapist five or even ten percent perhaps we can improve some of our process maybe get the imported to cut some corners and maybe change quality could be in in the some products maybe just shift from steel to plastic or glass the plastics other ways and people are saving costs but make no mistake we ultimately pay that tariff threat Hochberg trade is not a four letter word and I give you one example in the book we felt we had to protect the shoe industry years ago so there is a tariff that generates about twelve billion dollars on primarily children shoes of the average tariff right now maybe is one of two percent of barring the trump tariffs the sheriff on shoes can run as high as sixty seven percent so and shoes junction is the one thing that you actually cannot hand me down so I know nobody knows who would ever think of letting a younger sibling have to wear the shoes of their older sibling because she was actually mold to your feet so that's one part of the you know him so we have a tariff now generates twelve billion dollars Israeli attacks on parenthood so why don't we get rid of it well because members of Congress have well we're going to find the told me in dollars we have to raise taxes someplace else they don't want to raise taxes in place also we still maintain that tough and American families pay that all the time Kathleen you just made a very interesting segue into I thank the next Gen arguments so no question we live in a global economy okay I mean anybody who says we're going to cut off trade is not but there are people who said that there's a lot of criticism about the new agreement that just made it through this overwhelming vote in Congress that no mention of climate change basically no real coming to grips with the fact that this is a lot of corporate protection so pharmaceutical companies get to evergreen products for every member in charge these astronomical high prices on the things that really harm the public good right and I I don't disagree with you that trade agreements trade the trade agreements are currently negotiated with a lot of corporate power at the table and without a lot of thought of that what is the public and public finance how do we change that how do you how do you advocates for trade which I firmly believe is a part of our commerce and not buy into these corporate protection S. agreements right we shop unlocking things that a lot of it's really don't support where are the Democrats I spoke to in Congress felt that for Robert Lighthizer United States trade representative did a very good job actively listen to their concerns and addressing more than in this agreement then in the past so I I agree with you certainly this is interest corporate interests tend to have an easier time finding how to communicate their directives the reading and no consumer advocates that have any there's not there's not a consensus here an interest group so that is certainly a challenge what the reason I I think to give his guns that we and it didn't get labor much more on board and if they get a much higher votes than we've ever seen before but on the climate issue I've heard that in the negotiations that a lot of the environmental community wanted in the agreement that the US would be committed by law to rejoin the Paris accord and there was I'm told that was that was not going to get through Congress so part of it is also this is a trade agreement the USMC there was a Goshen by president trump and a Republican administration so Hey it's only going to go so far as you know it was not a negotiated by president Obama or someone who or press more progress person who would have a stronger interest in in addressing those issues but it was so it's it's I think was the best we can get done at this time and I think that there was a genuine concern of no agreement I don't think it was real but with president trump that's always a possibility my presidential he makes sure he always has an exit ramp and nobody else does he's got a voice is excellent for any policy any position takes but it makes it much more difficult for other countries or the parties to find that same exit ramp one read to you spend a little time on property right overdoses as a brigade to the motion television sure absolutely well I mean thank you for that question because there is a chapter in here on the entertainment industry there's a whole chapter on game of thrones we in the entertainment industry generates about seven hundred seventy billion dollars is one of our largest industries and about to a billion dollars worth of exports one of our largest exports and I will get to that but one of the things that concerns me about the trade debate we're still talking about cars and trucks and airplanes always very important but we should be talking about entertainment we should be talking about education we should be talking about legal services financial services a lot of the things that are we really excel at and whenever talking about those when it comes to these trade agreements they seem to be left on the side to their own devices or speak so the the movies we see him very much a foreign market in mind when they created because such a giant portion of that revenue comes from overseas and in China it is very difficult to protect those copyrights so that is you know one of the major issues that lead is left undone by the China deal is how we're going to really enforce intellectual property help enforce the things that we do the best in this country in terms of designing both products ideas entertainment and making sure they don't get stolen what they call technology transfer technology chances Sanches things companies would not sell that the Chinese have taken you know for example you cannot buy the coca Cola formula it's not for sale there are things that companies have you cannot buy and that's what I tried it by forcing equity partners for forcing partnerships and be able to extract those values have US companies that's really what we have to address and then thirdly with China in talks probably tech transfer and the amount of subsidies that they provide to our call state owned enterprises I have a whole section book on Gloucester's because you'll hear people from but as the weeks ago what the hell are they talking about which is a state owned enterprise and makes it very hard for US companies to compete not starting in China but even in the rest of the world how to compete with that because they have the full force of China in what way is just one example of that is progress being made well that's mostly what we see in days to if we get to phase two the Chinese have talked about greater respect for intellectual property and partly because they're beginning to design their own products in their own designs and want some protection for that but we're not gonna really know that for a few years fifty honestly I think we're gonna have to wait and see and it really does it with it helps enormously if we get the Europeans and the Japanese and the Australians and other trading partners to align with us but we have not that's just not that's the problem as a start in the beginning if we act unilaterally it's very hard to find those allies I when I was in London not that long ago we're actually doing some work on the book in London in under a my whole street there's a museum underground where Winston Churchill conducted World War two and the bunkers and everything else and of course a lot of trips of quotes and I stumbled on one and I took a picture of an International Center the only thing worse than working with allies is working with our allies and we're a little bit you know you know it's difficult you know when you work with allies think about working with your family decide where to go to dinner you know would be a lot easier to decide on your own you just might have three or four other people are not very happy but finding a place everybody can agree on a time they can agree on the kind of cuisine is challenging as the same internationally so trying to get the Europeans and the Japanese everybody else to have some agreement but it also has more is more resilient if you do that ambassador you don't want to go she Asians would go on about trade agreements weather's transpacific transaction are about making things official you know you the products being sold between companies for example cars do you have your own safety standards requirements here in America you have different ones how we come up with comments it's a Christian is prices lower it's easy for of agricultural exports or imports we wanna have certain standards of quality right rely on that's really benefits from that what we do know for example labor costs are just one or two thanks for all twenty dollars an hour no labor cost is.

"robert lighthizer united states trade" Discussed on NPR's Business Story of the Day

NPR's Business Story of the Day

03:25 min | 1 year ago

"robert lighthizer united states trade" Discussed on NPR's Business Story of the Day

"Applause filled the presidential palace Mexico City yesterday representatives of the US Mexico and Canada signed an updated version of the North American. Free Trade Agreement once it's ratified by all parties. The deal will govern billions of dollars of commerce. NPR's Carrie Kahn reports from Mexico City. It seemed like the officials from all three North American countries. He's let out a collective sigh of relief as they sat on a stage facing a packed audience of business leaders and politicians at Mexico's presidential palace. Visual Mission Accomplished declared Mexico's Foreign Minister Marcelo Bernard to great applause for Mexico Mexico. It was a mission that many thout couldn't be completed two years ago. President trump was threatening to rip up Nafta dubbing it the worst trade deal in history a move that would've thrown Mexico's economy into turmoil. Trade between the two countries tops. A billion dollars. A day with eighty percent of Mexico's exports sent to the US and millions of jobs dependent on that Commerce Robert Lighthizer United States trade representative says it's fought hard for a new deal. The result I think is the best trade agreement in history. He says it has the most up-to-date provisions regulating digital and ECOMMERCE in the world types of trade. That didn't even exist. Nafta was originally signed twenty five years ago. And it's something that's going to North America. Richer is going to make America. Richards GonNa make Canada richer and it's going to make Mexico richer. The pact also requires auto manufacturers to use more parts from North America and that a large percentage of vehicle production be done in a plant where the minimum wage is sixteen dollars an hour. The hope there is stimulus and Canadian jobs for moving to lower paid Mexican execute factories. A sticking point in the negotiations in recent months though was a move by Democrats to get tougher Labor and Environmental Enforcement Provisions Mexico. Mexico didn't want to let. US inspectors into their plants. But in the end they signed onto allowing so-called inspection panels with representatives from all three countries. These economists Lewis did like will help negotiate the original Nafta Agreement. Twenty five years ago says Mexican negotiators could have done better. But we're feeling under pressure pressure to get a deal ahead of next year's. US Presidential Elections Sometimes Been Mexico. We minimize the The leveraged we may get in the US Josh on the maybe we will be wise for Mexico to use it more often than he says. The new deal puts an end to the uncertainty driving away. much-needed investment in Mexico Mexico's President Andrew Munro Lopez over the door praise negotiators from all three countries and especially his counterpart Donald Trump. The most new long they put us in the doom not move away not less young. With president trump. We have a really good relations says Lopez Christopher Wilson and Mexico expert expert at the Wilson Center in Washington. DC says such warm talk from across. The border is an odd turn of events. Somehow despite the you know the accusations musicians and the tough rhetoric both countries are finding a way to continue to work together and are even praising each other while they do it. He says it's an interesting Anne strange moment moment in U._S.. Mexico relations right now. Carrie Kahn N._p._R.. News Mexico City..

Mexico Mexico Mexico City Mexico US Donald Trump Nafta Carrie Kahn North America President Richer NPR Canada Robert Lighthizer United State President Andrew Munro Lopez Lopez Christopher Wilson
U.S., Mexico And Canada Sign Updated Trade Deal

NPR's Business Story of the Day

03:25 min | 1 year ago

U.S., Mexico And Canada Sign Updated Trade Deal

"Applause filled the presidential palace Mexico City yesterday representatives of the US Mexico and Canada signed an updated version of the North American. Free Trade Agreement once it's ratified by all parties. The deal will govern billions of dollars of commerce. NPR's Carrie Kahn reports from Mexico City. It seemed like the officials from all three North American countries. He's let out a collective sigh of relief as they sat on a stage facing a packed audience of business leaders and politicians at Mexico's presidential palace. Visual Mission Accomplished declared Mexico's Foreign Minister Marcelo Bernard to great applause for Mexico Mexico. It was a mission that many thout couldn't be completed two years ago. President trump was threatening to rip up Nafta dubbing it the worst trade deal in history a move that would've thrown Mexico's economy into turmoil. Trade between the two countries tops. A billion dollars. A day with eighty percent of Mexico's exports sent to the US and millions of jobs dependent on that Commerce Robert Lighthizer United States trade representative says it's fought hard for a new deal. The result I think is the best trade agreement in history. He says it has the most up-to-date provisions regulating digital and ECOMMERCE in the world types of trade. That didn't even exist. Nafta was originally signed twenty five years ago. And it's something that's going to North America. Richer is going to make America. Richards GonNa make Canada richer and it's going to make Mexico richer. The pact also requires auto manufacturers to use more parts from North America and that a large percentage of vehicle production be done in a plant where the minimum wage is sixteen dollars an hour. The hope there is stimulus and Canadian jobs for moving to lower paid Mexican execute factories. A sticking point in the negotiations in recent months though was a move by Democrats to get tougher Labor and Environmental Enforcement Provisions Mexico. Mexico didn't want to let. US inspectors into their plants. But in the end they signed onto allowing so-called inspection panels with representatives from all three countries. These economists Lewis did like will help negotiate the original Nafta Agreement. Twenty five years ago says Mexican negotiators could have done better. But we're feeling under pressure pressure to get a deal ahead of next year's. US Presidential Elections Sometimes Been Mexico. We minimize the The leveraged we may get in the US Josh on the maybe we will be wise for Mexico to use it more often than he says. The new deal puts an end to the uncertainty driving away. much-needed investment in Mexico Mexico's President Andrew Munro Lopez over the door praise negotiators from all three countries and especially his counterpart Donald Trump. The most new long they put us in the doom not move away not less young. With president trump. We have a really good relations says Lopez Christopher Wilson and Mexico expert expert at the Wilson Center in Washington. DC says such warm talk from across. The border is an odd turn of events. Somehow despite the you know the accusations musicians and the tough rhetoric both countries are finding a way to continue to work together and are even praising each other while they do it. He says it's an interesting Anne strange moment moment in U._S.. Mexico relations right now. Carrie Kahn N._p._R.. News Mexico

Mexico Mexico Mexico City Mexico United States Donald Trump Nafta Carrie Kahn President Trump North America Richer NPR Canada Robert Lighthizer United State President Andrew Munro Lopez Lopez Christopher Wilson