

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.
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Trump's Trade Team
- President-elect Trump is nominating familiar faces like Kevin Hassett and Peter Navarro for key economic and trade positions.
- Jameson Greer, Lighthizer's former chief of staff, is nominated as U.S. Trade Representative.
Navarro's Movie Cameo
- Peter Navarro's movie about China features a cameo appearance by Bill Reinsch.
- Reinsch didn't grant permission for the clip's usage but they used it anyway.
Bessent's Nomination
- Trump values loyalty and wealth in his appointees, which might explain Scott Bessent's nomination despite his history of supporting Democrats.
- Bessent's non-ideological stance offers hope for balanced decision-making.