President Trump has preliminary knowledge of the framework of several proposed trade agreements and believes that these agreements need further refinement.
This information was shared by White House economic advisor Hassett, emphasizing that current trade agreements are still being refined to align with national economic strategy.
MAIN CONTENT
Trump has grasped the basic framework of the proposed trade agreements.
The president assesses that these agreements need further refinement.
This perspective was announced by White House economic advisor Hassett on July 13.
Why does President Trump believe that trade agreements need to be improved?
According to Hassett, White House economic advisor, President Trump sees that current agreements do not adequately meet the requirements of the U.S. economic strategy and need to be revised to protect national interests more comprehensively.
President Trump is focusing on building fairer trade agreements to promote growth and protect domestic manufacturing.
Kevin Hassett, White House Economic Advisor, July 13, 2023
What are the main elements of the proposed trade agreements?
This framework focuses on enhancing benefits for U.S. businesses, improving trade balance, and expanding opportunities for access to foreign markets. However, specific details are still being discussed to enhance feasibility and effectiveness.
The economic status of the United States and the importance of trade agreements
Adjusting the agreements is necessary to maintain the United States' leading economic position in the world, protect domestic industries, and balance trade relationships with major partners.
The impact of the President's perspective on future trade policy
Trump's perspective is the basis for adjusting trade strategy, promoting agreements that meet sustainable growth goals, ensure business interests, and maintain international competitive standing.
Caution in refining trade agreements is necessary to ensure commitments are realistic and protect national interests.
Kevin Hassett, White House Economic Advisor, July 13, 2023
Prospects and challenges in trade negotiations
Negotiations still face many challenges due to the complexity of international and domestic interests, requiring careful consideration to achieve a viable and fair agreement for all parties.
Frequently Asked Questions
What does President Trump understand about the proposed trade agreements? He has grasped the basic framework and assessed the need for improvements to align with the United States' economic strategy. What does White House economic advisor say about this perspective? Kevin Hassett emphasizes the importance of refining agreements to protect national interests. Why do trade agreements need to be refined? To ensure they are fair, realistic, promote growth, and protect domestic manufacturing. What does the framework of the proposed trade agreement include? It mainly focuses on trade balance, U.S. business interests, and market expansion. What are the main challenges in current trade negotiations? The complexity of international and domestic interests requires careful consideration to achieve consensus.
Source: https://tintucbitcoin.com/trump-hieu-so-bo-khung-thuong-mai/
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