ABOUT IT BUT NOT THE TOP FEAR.
>> TENSIONS WITH TRADE JOINING
US CHAIRMAN OF THE LATINO
COUL
COALITION YOUR THOUGHTS ON
TENSIONS AROUND TRADE.
>> LISTEN, YOU ARE ALWAYS
GOING TO HAVE TENSIONS, AS
ECONOMIES ARE TRYING TO GROW,
AND, OBVIOUSLY, WITH A WE WANT
IS A LEVEL-PLAYING FIELD WE
HAVEN'TED ONE A LONG, LONG
TIME IN PARTICULAR HOW IT
EFFECTS SMALL BUSINESSES AS
YOU KNOW MOST BUSINESSES
WANT INTERNATIONAL TRADE ARE
SMALL BUSINESSES ONLY
REPRESENT 30% OF THE TRADE
GOING ON, SO ANYTHING THAT WE
CAN DO TO HELP THOSE SMALL
BUSINESSES, TRADE WITH OTHER
COUNTRIES I THINK IS VERY
IMPORTANT.
>> I UNDERSTAND, BUT CHINA,
WHILE NOT A SMALL BUSINESS, IT
IS GOING TO IMPACT BUSINESSES
BIG AND SMALL NEW REPORT TRUMP
ADMINISTRATION SAYS CHINA, HAS
NOT FUNDAMENTALLY ALTERED
UNFAIR UNREASONABLE MARKET
DISTORTING PRACTICES AS
PRESIDENT CHINESE PRESIDENTS
XI JINPING ARE HEADED TO GI.
20 SUMMIT THE END OF THE MONTH
WHAT DO YOU WANT THE
ADMINISTRATION TO DO WHEN WE
KNOW THAT CHINA HAS BEEN
STEALING OUR INTELLECTUAL
PROPERTY NOW, FOR DECADES, AND
THEY ARE YOU KNOW UNWILLING TO
OPEN UP THEIR MARKETS TO
AMERICAN COMPANIES?
>> WELL THEY NEED TO KEEP
ENGAGING WHEN I WAS IN
GOVERNMENT SMALL BUS
ADMINISTRATION WE WENT TO
CHINA, THIS IS 15 YEARS AGO WE
WILL HAVE DEALING WITH SAME
ISSUES, I REMEMBER MEETING
WITH TOP OFFICIALS IN CHINA
THEY SAID WE WANT MORE
BUSINESS WITH YOU'RE SMALL
BUSINESSES OBVIOUSLY THAT
HASN'T HAPPENED, BUT ALL THESE
ISSUES AROUND INTELLECTUAL
PROPERTY, THEFT, AROUND
CURRENCY MANIPULATION UNFAIR
PRACTICES WHEN BUSINESSES TRY
GO OVER THERE HAS TO STOP IT
HAS TO BE A MUTUAL BENEFICIAL
RELATIONSHIP RIGHT NOW HAS
INTLAENTDZ ONE WAY.
>> GOOD MORNING MITCH
ROSCHELLE ONE OF THE THINGS
THAT HOPEFULLY CAN HAPPEN I
WANT YOUR REACTION TO THIS AS
WE BEGIN TO MAKE TRADE DEALS
AROUND THE WORLD NORTH
AMERICA, THE U.S., ANDN CA I
THINK I GOT THAT CLOSE.
>> AND, SOME EUROPEAN YUN
ALLIANCES TRYING TO FORGE WILL
THAT BEGIN TO PUT PRESSURE ON
CHINA, TO SORT OF COME TO THE
TABLE LITTLE BIT MORE
FULSOMELY MAKING AGREEMENT NOT
ONLY WITH US PERHAPS WITH
OTHER TRADING PARTNERS AROUND
THE WORLD.
>> I.
>> I WAS IN MEXICO LAST WEEK
GOING FOR INAUGURATION THEY
ARE EXCITED ABOUT THIS NEW
AGREEMENT, BETWEEN CANADA
UNITED STATES AND MEXICO THEY
ARE ALSO CONCERNED ABOUT
CHINA, BECAUSE YOU KNOW CHINA
DOESN'T JUST TO UNITED STATES
DOES TO IT A LOT OF COUNTRIES
THAT THEY WORK WITH, AND SO,
TO THE IS IT NOT THAT WE CAN
CONTINUE TO STRENGTHEN OUR
NORTH AMERICAN, SOUTH AMERICAN
CANADIAN TRADE I THINK A
POSITIVE SENDS A MESSAGE, TO
CHINA AS WELL THAT OTHER
GROUPS ARE GOING TO TRADE WITH
EACH OTHER NOT TOTALLY
DEPENDENT ON CHINA BUT I THINK
YOU'VE GOT TO DO THESE ON
PARALLEL TRACKS CONVERSATIONS
CONTINUE ON IT IS A HIGHEST
LEVEL WE'VE GOT TO CONTINUE
GETTING TRADE DEALS WITH OTHER
COUNTRIES, THAT UNDERSTAND
THAT IT HAS TO BE A
LEVEL-PLAYING FIELD.
>> WHAT ARE YOU EXPECTING WHEN
DEMOCRATS TAKE CONTROL IN
JANUARY WE ARE FACING DIVISION
OVER TAX INCREASES BEFORE THEY
TAKE THE HOUSE MAJORITY IN
JANUARY, ARE YOU EXPECTING ANY
CHANGES TO THE PRESIDENT'S
BUSINESS FRIENDLY AGENDA?
>> I THINK THEY WILL TRY
MARIA, YOU KNOW.
I HEARD SOMEBODY DESCRIBE I
WANT AS WHEN STARTING AMERICA
YOU DON'T WANT TO PARTICULAR
THON DON'T SHOOT NURSE THE
FOOT HOPEFULLY DEMOCRATS ARE
NOT GOING TO TRY THE TAKE US
IN THAT DIRECTION WE ARE
SEEING GREAT PROGRESS LAST TWO
YEARS WE DID NOT SEE FOR EIGHT
YEARS LOOK THEY ARE NOT ABLE
TO GET THESE PASSED THROUGH
SENATE EVEN IF THEY COULD GET
IT PASSED THROUGH SENATE THE
PRESIDENT IS GOING TO VETO IT
SO A LOT OF THINGS ARE JUST
KIND HAVE TO ME LIKE SHOW
LEGISLATION, IT IS NOT REALLY
GOING TO LEAD TO ANYTHING, IT
IS GOING TO START A
CONVERSATION, AND DIVISION, BY
THE WAY, ONE THING WE ALL KNOW
WHEN LAST TWO YEARS IT IS MUCH
EASIER TO RUN FOR OFFICE THAN
TO GOVERN, THEIR CAUCUS
DIVIDED AS WELL NOT DMAULTS
WANT TO RAISE TAXES.
MARIA: RIGHT.
>> QUICK IS LATINO EXPERT DO
THOSE COMPANIES BENEFIT A
PERMANENT SITUATION WITH CHINA
OR IS THAT BUSINESS GOING TO
OTHER PARTS OF THE REGION IF
NOT CHINA OR DOES IT BENEFIT
SOUTH AMERICA, MEXICO?
>> YOU KNOW, IT IS A
COMBINATION, OBVIOUSLY
COUNTRIES ARE TRADING AROUND
THE WORLD, THERE HAS BEEN A
LOT OF -- A LOT OF ATTENTION
THE CHINA'S COMPLETE TO LATIN
AMERICA, AFRICA OTHER PLACES I
THINK CRITICALLY IMPORTANT
UNITED STATES DON'T TAKE THEIR
EYE OFF BALL LATIN AMERICA IS
INCREDIBLE OPPORTUNITY FOR US
THEY ARE GROWING, TO THE
EXTENT THAT THEY GROW, THAT IS
GOING TO SOLVE A LOT OF
PROBLEMS THAT WE ARE CURRENTLY
SNOOFG
CURRENTLY.
>> HAVING.
>> A GOOD QUESTION IT HAS TO
GO SANTA MARIA.
>> WHO WINS.
>> EXACTLY.
>> I KNOW.
>> CHINA A GOOD QUESTION.
>> HECTOR GOOD TO SEE YOU.
THANK YOU SO MUCH.