responding to a worker shortage. watch washington journal live at 7:00 eastern saturday morning. join the discussion. best-selling author brad thorp will be our guest sunday at noon eastern. willatest book, spymaster be published july 3. his other books include use of force, the lines of lucerne, backlist, state of the union plus 14 more. interact with brad thorp by phone, twitter or facebook. our special series in-depth fiction addition sunday live from noon to 3:00 p.m. eastern on book tv. next on c-span, a look at the applications of u.s. tariffs on imports of steel and aluminum, hosted by the global business

dialogue, focusing on actions taken by the trump administration. ais is about an hour and half. >> ok. i think we can get started. morning, everyone. judge morris, and the president of the global business

dialogue and it is a pleasure to welcome each and everyone one of you here this morning. welcome each and everyone one of you here this morning. you may -- this morning for the program on the terrace. andonal security tariffs the wto and other related matters, you may be among those administration, feel that the direction of u.s. trade policy, the growing deficits, off shoring etc. has reached a critical stage and it is time for genetic action or that the dramatic action taken by the administration has precipitated the crisis. in any case, we have a crisis and it is one that i am glad we are now going to talk about here this morning. in any 90 minute. period, we0 minute

cannot get all of you and i am glad that we have many trading partners but their views are not all represented here. nevertheless, i'm grateful for every one of them, especially the ambassador who is a little under the weather but made it here and that is marvelous. i also want to say a word of special thanks to the sponsor of monitor,am, trade data nobody knows trade data better than don, who created the company. forgive a small diversion, some of you may know i worked back in the 90's for an electronics company and the founder of that company, which made electronic connectors, said, we take the end of a wire and engineer it. that is what trade data monitor does with trade data.

if you are not familiar, i suggest you take a look at their website. a fabulous organization. i want to see a brief word about the global business dialogue. filings, we are a for-profit company, we are run like a volunteer organization and i want to mention to volunteers in particular. joanne norton, our vice president has done something for this program which i will mention right now. so atent the last day or the library of congress trying to figure out, where did section 232 come from and, the fruits of that labor are in your handout. byas particularly struck this passage from the 1958 version, which says, in the administration of this section, the director and the president shall further recognize the

close relation of the economic welfare of the nation to our national security so there is something of a history here and i think joanne for pulling it out for us. the other volunteer i want to recognize is, what i think of as one of the best trade analysts around, john magnus. things our other vice chairman of our advisory , he is your moderator this morning. he is the conductor for this railroad to understanding and i will turn it over to him and thank all of you and look forward to the discussion. thank you. good morning, everybody. once again, judge has done it and assembled the right group on just the right topic at the right moment. great ferment in

the world of trade, tariffs to the united states have imposed the name of national security and the responsive actions of other governments are probably the biggest source of concern. i said that at a moment when the nafta is opened up on the operating table, the wto dispute settlement system is swooning, when some hundreds of billions of dollars of trade are apparently in harms way in relation to the china case and went according to this morning's trade clips, our president desperately wants out of the wto. to say this is the biggest source of concern and worry is to say a lot but i think it holds up under scrutiny. provisions recognizing the right of each member to take any action it considers necessary for the pretension --

for the protection of its security. tariffs to adjust imports under section 232 are not the only or even the main category of u.s. measures that might need to rely on those security exemptions. there are quite a number of things that the u.s. government might do, but section 232 jourffs are the measure du and they are on rise to give -- on track to give rise to the first substantive consideration of what article 21 does and does not protect and whether or not it is self judging. meanwhile, prior to any such litigation restrictions are begetting restrictions. that sounds biblical. it sort of is. considerable value of global goods trade is facing tariffs.

it started with steel and aluminum, spread to motorcycles, agricultural commodities, beverage alcohol. it seems set in a short while to move to automotive trade and when the responses to that kick in, heaven knows what else. so, it is a fine mess and we are lucky to have this group of panelists to address what is i think i have the order of speakers right. if not, please excuse maine. we have the president of the national foreign trade council. -- if not, please excuse me. the deputy director of the wto, an 11hat i believe was breaking 11 years in that capacity. there is a line in his bio that

says he has more than three decades of experience in u.s. negotiating. the achievements of public service underlying that would take a long time to describe. his fingerprints are everywhere. although if i have done the math right, they are not actually on the 1962 act. but during the time he was serving in u.s. government positions, the trade regime got a pretty thorough scrubbing and the provisions were there straight through. current hellmann's main affiliation is the georgetown university law center, the center for international economic law. she has held most of the other interesting trade jobs, including stints as the ustr

general counsel, chief tax negotiator, itc commissioner, and, oh, yes, a member of the wto appellate body. i have seen her work in private practice and can attest her skills extend way beyond public service. for thee vice president national pork producers council. beyond what he does for the pork industry, he attained the status of one of the elite business advocates on trade policy. he is for taking an aggressive path through the implementation of a series of trade negotiations. paul is the president for the alliance of american manufacturing, which was laborished by company and . he has been part of the white house's manufacturing initiative and he posts a podcast if you are not already listeners.

really a stellarro