The Trade Guys
More Nominees, New Export Controls, and the Future of USMCA
Dec 9, 2024
Discover the intriguing dynamics of trade policy with a look at key economic nominees and their potential impact. Explore new export controls aimed at curbing China's AI advancements through semiconductors, and how these measures could affect international collaboration. Delve into the complexities of tariffs on Canada and Mexico, assessing their implications for consumer prices and political negotiations. The discussion critiques financial sanctions on nations like Russia and reflects on the evolving landscape of the USMCA.
26:58
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Quick takeaways
- The new economic cabinet nominees bring diverse backgrounds and experiences to trade policy, raising concerns about the absence of key figures like Bob Lighthizer.
- Recent export controls aim to limit China's AI advancements while promoting international collaboration to ensure more effective regulation of semiconductor technologies.
Deep dives
Key Nominations in Trade Policy
The podcast discusses the nominations for key positions in the trade policy sector, particularly under the recent administration. Kevin Hassett will return as a prominent economic advisor, recognized for his effective communication of economic strategies. Jameson Greer, formerly chief of staff for Bob Lighthizer at the U.S. Trade Representative's office, will be nominated to be the U.S. Trade Representative himself, bringing familiarity with trade issues but also his unique background in law that may broaden his focus. Concerns are raised about the absence of Bob Lighthizer, who played a crucial role in the previous administration by ensuring that trade policies followed proper procedures and engagements with legislative bodies.
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