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Why It Matters

Why Trade Matters

Why It Matters

Council on Foreign Relations

News

4.2876 Ratings

🗓️ 13 March 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Why It Matters is back and this time we are dedicating an entire season to talking about trade. Alongside CFR’s leading experts, we are bringing you stories from Americans around the country and trying to figure out where Washington went wrong when it comes to U.S. trade policy.

Transcript

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0:00.0

A trade. It's what connects the world. Deals, negotiations, access to goods and services. It's how we make money and get the stuff we need. And it's a fundamental part of our relationship building with other countries. But what if everything we thought he knew about trade is wrong?

0:21.9

Bingo!

0:22.6

Oh my God, oh my God.

0:25.2

Look, the president's going to have conversations with the Canadians.

0:27.5

We need to see real engagement on the fentanyl issue.

0:31.3

The president said, just have a little patience with this, let it play out, see how it develops.

0:36.0

And I think at the end of the day, America's going to be better off.

0:38.9

So, here we go. This season, Wyatt Matters, is tearing up our usual script, and bringing you an entire season all about trade.

0:49.0

Trump's been so busy that I was getting worried he'd forgotten his plan to start a North American trade

0:54.5

war. But my boy, he put it on the cow.

0:58.0

And we won't be doing it alone. This season, the council's four leading experts in trade

1:03.1

will help us tell these stories, featuring Enumonic. Global trade rules that the United

1:08.2

States helped to create at the end of the Second World War

1:11.2

are no longer being upheld by their chief architect.

1:14.6

Shannon O'Neill.

1:15.7

Today, the only Washington consensus I see is a suspicion in Washington as to what trade

1:21.2

the United States should be involved in.

1:22.8

Matt Goodman.

1:23.7

I think our trade relationships have really fall into a real low point here.

1:28.3

And Ted Alden.

1:30.3

Even countries that we have trouble with like China, we trade a lot with.

1:33.3

So it's also kind of at the foundation, I believe, of keeping the world peaceful.

...

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