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Angus King: “There's this sort of hangover of suspicion about trade deals…”

Featuring: Angus King, Independent | U.S. Senate Maine

A Conversation With Senator Angus King

Published July 13, 2023 | Video Starts at 34:51

So I think there's still going to be a role for that. I don't think it's going to be easy. And there is. I think the problem is There's this sort of hangover of suspicion about trade deals that goes back to the roaring 80s and 90s. when to many people trade meant my job's going to go overseas. So I think it's got to be pursued in a judicious way. (34:51–35:01)

CLAIM

Asserts that skepticism about trade deals originates from the 1980s and 1990s.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Angus King

“Virtually all of the high-end chips used in weapon systems are made in one factory in Taiwan.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 42:07-42:21
“85% of the processed lithium used in EV batteries comes from China.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 42:47-42:56
“Something like 25% of the newspapers in the country have been closed since like 2005.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 45:38-45:46
“The Trump administration essentially said, no, we're not going to even do [the TPP].”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 03:06-03:11
“I think you can make a pretty good argument right now that [not pursuing the TPP] was a mistake.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 03:10-03:15
“Global trade agreements are going to be very difficult.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 04:00-04:03
“Bilateral agreements, particularly agreements between countries that are on relatively similar levels...is more of a possibility.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 04:04-04:20
“In New England, we know all about [offshoring] because our jobs first went to North Carolina and then they went to Mexico and then they went…”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 05:40-05:49
“Borders in terms of trade are often invisible.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 06:45-06:53
“We're really dealing with China in a kind of ad hoc way.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 07:37-07:42
“We need a broader way of thinking about how to deal with China.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 07:50-07:56
“There's no mechanism for de-escalation at this point because [China] won't communicate.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 09:52-10:00
“NATO is helping Ukraine in every way possible, except for troops.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 11:55-12:11
“Bordering Russia is not a disqualification [for NATO membership].”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 12:41-12:44
“Putin is paranoid about NATO.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 13:11-13:14
“The talk about Ukraine joining NATO could be a perverse incentive to prolonging the war on Putin's behalf.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 13:22-13:34
“NATO members [should be] meeting the 2% of GDP for defense standard.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 15:43-15:50
“Canada [is] around 1%, about half of where the goal for the rest of the NATO alliance [is].”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 17:24-17:26
“The Senate is pretty solid [in support for Ukraine].”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 18:22-18:25
“A clear majority [of people in Maine] steadfastly support Ukraine.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 18:44-18:49
“The only thing more expensive than supporting Ukraine would be not supporting Ukraine and having to have World War Three.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 20:03-20:11
“The Ukrainians have been very creative and resilient.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 21:20-21:25
“We provided some serious help to [the Ukrainians] in protecting their networks.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 21:26-21:31
“I believe it was because the Russians know the capability that we have to inflict cyber damage on them.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 21:35-21:43
“That's been the basis of our foreign policy, of our defense policy for 75 years.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 21:59-22:05
“This is the report of the Senate Intelligence Committee on its Russia investigation in the election of 2016.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 23:23-23:32
“They were seriously engaged in a variety of ways and there's no reason to think that they won't do so again.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 23:39-23:48
“We've seen a diminished level of intrusion in 18 and 20 and 22.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 23:58-24:10
“AI is terrifying because they can create... a video of me talking to you with entirely different words coming out of my mouth.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 24:39-24:52
“One of the suggestions that I believe makes sense is to somehow require that AI generated content be labeled.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 25:45-25:54
“We've had one of the most bipartisan Congresses over the last two years, two and a half years.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 27:49-27:56
“Of the seven major pieces of legislation that were passed in the last two and a half years, five were fully bipartisan.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 27:59-28:06
“The Bipartisan Infrastructure act, the Chips and Science act, the Veterans Pact Act were passed on a bipartisan basis.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 28:06-28:13
“I had a bill passed two weeks ago by unanimous consent, significant bill for spousal employment in the military.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 29:03-29:13
“The problem is what I call the Balkanization of the media.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 29:15-29:20
“The algorithms on the Internet...drive you further and further away.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 29:48-30:03
“One of the problems right now...is what I call the tyranny of the primary.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 30:50-30:54
“You can lose your primary...because you're viewed as reasonable.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 31:14-31:35
“I think clearly [Trump's] pounding the table on the 2% issue had an effect and it's continuing.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 33:35-33:43
“All these countries had committed to [the 2% GDP defense spending target] eight or 10 years ago.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 33:53-33:57
“I don't think [bilateral trade deals] are dead.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 34:03-34:06
“Building windmills has a global benefit in terms of climate change.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 35:27-35:35
“People in Maine are seeing the benefits of international trade.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 38:14-38:18
“An Icelandic shipping company has rejuvenated the port of Portland.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 38:17-38:34
“We learned in the pandemic the danger of dependency on China for face masks and personal protective equipment.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 41:28-41:37
“The Chips and Science Act was an incredibly important piece of legislation.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 41:49-41:54
“The Philadelphia Inquirer is following [the nonprofit model for newspaper ownership].”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 46:11-46:16
“Ranked choice voting, which the people of Maine adopted not once but twice by referendum, I think makes a lot of sense.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 46:22-46:30
“Lisa Murkowski wouldn't be here, I think, but for ranked choice voting in Alaska.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 47:41-47:46
“Federal spending, as a percentage of GDP, non-defense discretionary spending is about half of what it was 30 or 40 years ago.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 50:08-50:25
“Defense is less than half of what it was [30 or 40 years ago].”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 50:24-50:27
“The difference [in spending] has been made up by expenditures mostly in health care, in Social Security and healthcare.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 50:27-50:34
“For most of the last 20 or 30 years, both lines [spending and revenue] have been around 20% of GDP.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 51:08-51:17
“During the end of the Clinton administration, revenues were a little above [20% of GDP].”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 51:16-51:20
“The Bush tax cuts and the Trump tax cuts took us down to 16 or 17% of GDP.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 51:21-51:27
“The difference between that [16-17%] and that 20% number that's been relatively constant, that's the deficit.”
A Conversation With Senator Angus King | Uploaded July 13, 2023 | 51:27-51:34