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Intelligence Matters

Trade Policy and National Security: An Expert View from Gary Hufbauer

Intelligence Matters

CBS News

Politics, News, Government

4.73.3K Ratings

🗓️ 25 December 2018

⏱️ 37 minutes

🧾️ Download transcript

Summary

In this episode of Intelligence Matters, trade expert Gary Hufbauer, nonresident senior fellow at the Peterson Institute for International Economics, explains the national security implications of trade policy and why a given economy?s health is one of the most significant determinants of a nation?s stability. Hufbauer evaluates the effects of automation on the global economy, the enduring gap between wage and productivity growth, and how much trade balances really matter. He and Morell discuss the effect of populist trends on global economic policies and review several recent deals struck by the Trump administration.

Transcript

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0:00.0

Hey, Prime members, you can listen to Intelligence Matters Add Free on Amazon Music.

0:05.6

Download the app today.

0:07.4

Hi, I'm Lindsay Graham, the host of Wondries Podcast American Scandal.

0:11.6

Our newest series looks at the Kids for Cash Scandal, a story about two judges who stood

0:16.5

accused of making millions of dollars in a brazen scheme that shattered the lives of countless

0:21.4

children.

0:22.4

Listen to American Scandal on Amazon Music or wherever you catch your podcasts.

0:27.9

This is the Intelligence Matters Podcast with former acting director of the CIA, Michael

0:32.8

Morel, sponsored by Raytheon.

0:34.9

President Trump called the old agreements, especially in the case of NAFTA, the worst deals

0:41.7

in history.

0:42.7

And now he's called the new agreements, just wonderful deals.

0:46.3

I mean, just great.

0:50.0

The big surprise is how little change.

0:52.3

So will the average person notice very much what the new NAFTA is a book to the old NAFTA,

0:59.3

which was allegedly the worst trade deal in American history?

1:03.4

Well, I don't think so.

1:08.7

One view is that we have entered into a new Cold War, which China.

1:13.8

And the leading edge of that Cold War is economics.

1:18.1

This is different than the first Cold War when I was a kid, because they're the leading

1:22.0

edge of the military.

1:25.2

I think a lot of waves and big waves they had.

...

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