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Cato Podcast

The Elizabeth Warren Trade Policy Checklist

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 6 August 2019

⏱️ 12 minutes

🧾️ Download transcript

Summary

Elizabeth Warren's priorities for trade agreements may differ from the current President, but the final result may simply be less liberalized trade. Dan Ikenson and Simon Lester comment.

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Transcript

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0:00.0

This is the Kedu Daily Podcast for Tuesday, August 6th, 2019. I'm Caleb Brown.

0:06.0

She may well be the only candidate on the Democratic side to make such a clear declaration of intent

0:10.9

with respect to trade. Still, Elizabeth Warren's trade plans will make it more difficult to get new trade agreements and liberalize trade.

0:19.0

What will make new trade deals harder to get?

0:21.0

New demands that she would like to see inserted into those agreements

0:24.6

and new processes for arriving at those deals.

0:27.4

Cato's Dan Iconsen and Simon Lester discuss the trade priorities of Elizabeth Warren.

0:32.8

What has Elizabeth Warren said about Donald Trump with respect to trade?

0:38.6

Well, I'm not sure that she's directed her comments at Trump as much as she has come down with a checklist of issues that sort of appeal to progressives about trade.

0:51.0

Progressives have been skeptical about trade and trade agreements

0:54.7

thinking that they only benefit big multinational corporations and the

0:59.8

rich at the expense of working Americans, that they exploit the environment, that labor around the world

1:06.4

is exploited because of agreements that are struck based on the input of U.S. and other foreign multinationals.

1:13.7

So she is trying to harness this dissatisfaction,

1:20.0

this discord, and come up with the plan for making trade agreements with countries that are above average

1:28.9

with respect to human rights and labor rights and a variety of other things.

1:33.2

And, you know, Simon and I think have found that there are exactly about zero countries in the world

1:41.3

with whom the United States could negotiate a trade agreement

1:44.5

under those conditions.

1:47.0

And even the United States wouldn't qualify under her conditions.

1:49.4

I guess the theories if she were present they would qualify.

1:51.8

But yeah, I mean she's's really I mean one thing I like

...

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