enemy makes a statement it's
a horrible statement. statement so the bill title the united states fair and
reciprocal tariff act would give trump unilateral power to ignore the two most
basic principles of the w t o negotiate one on one with any country the first is
the most favored nation principle that stipulates countries can set different
tariff rates for different countries outside of free trade agreements the second
pertains to bound tariff rates which are the tariff ceilings that each country has
already agreed to in previous negotiations so of course i think it's quite
interesting that the u.s. if they exit w.t.f.
it's kind of
a symmetry to china entering the w t o under was it under nixon so what
clinton but they entered the global economy under nixon right when as i said in the
front the madman policy began right it would be nice bookend to kind of the
centuries that we dominated in this country and now we're going to be dominating
the twenty first century because we've got...