Or perhaps they grew complacent on the assumption of endless prosperity. We pursued hyper globalization regardless of the consequences. And We bound our hands with NAFTA and the World Trade Organization in ways that made it impossible for the United States to effectively respond to foreign practices and defend our industrial production. Now, other countries, on the other hand, they never forgot the American playbook. They had shaped their economic systems to learn from the United States and were not foolish enough to stop when the US Decided to pursue globalization as an end in itself. (15:03–15:13)
CLAIM
Asserts that NAFTA and WTO agreements limited the U.S.'s ability to respond to foreign practices.
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.
