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Podcast: Cato Event Podcast
Episode: Trump, Trade, and the Asia Pacific
Description: President Trump used his recent trip to Asia to once again insist on “free, fair, and reciprocal” trade as part of a strategy to reduce bilateral trade deficits. The president also reiterated that multilateral free trade agreements are not an option for his administration, and that in order to maximize U.S. leverage, only bilateral agreements will be considered.Meanwhile, with finalization of the Trans-Pacific Partnership in sight, an announcement by the 11 remaining member countries provided a noted contrast with Trump’s rhetoric and underscored the point that the region is moving ahead on trade with or without the United States...