When it uses local content rules, forced localization, procurement bias, or indigenous innovation requirements to shut American firms out of fair competition. These differences are not difficult to discern, and The United States possesses many tools at its disposal to remedy practices that distort trade and undermine reciprocity. We will always seek to use those tools judiciously, but we will never hesitate to use them decisively. The third principle is that America will write the rules of the next economy. (14:26–14:35)
CLAIM
Asserts that the U.S. has tools to address trade practices that distort trade and undermine reciprocity.
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.
