RIGHT BUT IT IS NOT THERE YET.
DOJ IS A NOT SO YOU'RE STARTING
TO SEE THE SLIGHT DIP.
T-MOBILE.
THEY WOULD LOVE TO SEE THIS
APPROVED .
THIS.
IS IT EVEN A WAR?
THE MOST FREE ECONOMICALLY.
THIS MORNING I GUESSED
SINGAPORE.
DID YOU GUESS THAT?CLOSE, BUT
PLACE.
ACCORDING TO THE HERITAGE
FOLLOWED BY SINGAPORE, THEN NEW
ZEALAND, SWITZERLAND IN THIRD
AS FAR AS THE MOST REPRESSED
ECONOMICALLY, THE WORST ONE,
NORTH KOREA THEN VENEZUELA,
BUNCH OF OTHER METRICS.
THE FREE FLOW OF CAPITAL AND
TO THE TERRACE.
WITH THAT IN MIND THE S RANKS
NUMBER 18.
LET US INTRODUCE YOU TO THE GUY
THAT PUT THIS ALL TOGETHER.
TERRY MILLER, FORMER DEPUTY
ASSISTANT SECRETARY OF THE
STATE FOR ECONOMIC AND GLOBAL
ISSUES.
NOW AT THE HERITAGE FOUNDATION.
THIS ISN'T EXACTLY A NEW LIST.
IN FACT, YOU COMPILED IT AT THE
QUESTION.
IF DONE TODAY, NOW AFTER THE
PRESIDENT TARIFFS AND
WHAT DO YOU THINK THAT WOULD BE
AFFECTING.
>> THE TARIFFS THAT HAVE BEEN
PUT IN PLACE, AT LEAST SO FAR,
THEY ARE RATHER MODEST AMOUNT.
SO FAR AT LEAST I WOULD SAY NO
MAJOR DAMAGE DONE.
BUT WE CERTAINLY NEED TO BE
GUESTS, AND I KNOW YOU DO NOT
LOVE TERRACE.
MANY HAVE SAID WE GET IT, THEY
WANT A FAIR LANDSCAPE AND A
NO ONE COMES ON AND SAYS WHAT
IS A BETTER WAY?
WE ARE ASKING YOU NOW, WHAT IS
THE BETTER WAY, AMBASSADOR?
>> CAN I STOP BY SAYING WHAT
THE BETTER WAY IS NOT.
THE BIG STORY IS THE IMPOSITION
THAT WE WANT TO DO IS PUT THE
SAME TYPE OF SANCTIONS ON THE
AMERICAN PEOPLE.
THROUGH THE IMPOSITION OF
LIZ: WHAT IS THE FIRST THING --
ALL, LET'S NOT EXAGGERATE THE
PROBLEM.
OUR AVERAGE APPLIED TARIFF RATE
IS 1.6 PERCENT.
EUROPE HAS EXACTLY THE SAME
APPLIED TARIFF RATE.
ON AVERAGE.
BUT IF YOU HAVE BAD ACTORS
DOING CERTAIN BAD THINGS I
WOULD SAY FOR EXAMPLE, THE
THEFT OF INTELLECTUAL PROPERTY.
BUT MAYBE TRADE REMEDIES
BUT MAYBE TRADE REMEDIES,
IMPOSITION OF TARIFFS ARE NOT
THE RIGHT WAY TO DO THAT.
YOU CAN DO THINGS LIKE PUTTING
SANCTIONS ON SPECIFIC COMPANIES
OR SPECIFIC INDIVIDUALS.
TREAT IT LIKE A LAW ENFORCEMENT
DON'T TAKE STEPS THAT PUNISH
OURSELVES.
EVEN IF THEY WILL HAVE A
NEGATIVE EFFECT ON OTHERS AS
WELL.
LIZ: ALMOST LIKE WHAT WE ARE
DOING WITH RUSSIA.
WHICH IS VERY SURGICAL.
WE ARE PICKING DIFFERENT
OLIGARCHS.
WE ARE PICKING SPECIFIC
COMPANIES.
WE DID IT WITH ZTE FOR A
MOMENT.
THEIR PRODUCTS ARE CHEAPER IN
WORKERS AS WELL.
WE TREAT OUR WORKERS WELL.
WE GIVE THEM BREAKS,
CERTIFICATIONS, HEALTHCARE.
SO THEY ARE GETTING A FREER
RUN, A BETTER DEAL ON THEIR
BECAUSE THEY ARE NOT AS
INVOLVED.
HOW DO WE GET THEM TO TREAT
THEIR WORKERS BETTER SO THAT
THE PRICES SQUARE HIGHER?
>> WE SPENT 70 YEARS BUILDING
WE HAVE BUILT AN INTERNATIONAL
LABOR ORGANIZATION TO TRY TO
IMPROVE THE TREATMENT OF
WORKERS WORLDWIDE.
AND LIBERALIZE TRADE AND
SERVICES.
IS THAT IT DOESN'T TRUST ANY OF
THOSE ORGANIZATIONS.
NONE OF THEM OF COURSE ARE
PERFECT.BUT THEY WERE ALL
ACHIEVE ITS GOALS AND CREATING
AND THE THING WE SHOULD TRY TO
DO IS WORK WITH LIKE-MINDED
COUNTRIES.
AND THOSE COUNTRIES AT THE TOP
MENTIONED EARLIER ARE GOOD
ALLIES AND FRIENDS OF THE
UNITED STATES.
LET'S WORK WITH THEM TO
PRESSURE CHINA AND OTHER