2018-03-12

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News

2A — Monday, March 12, 2018

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Editorial Staff AHAD BOOTWALA/Daily Ross sophomore Nithya Ramesh, SMTD sophomore Zoha Bharwani, and Public Policy senior Aditi Katti address the crowd at Yoni Ki Baat’s 11th annual monologue show in Rackham Saturday.

government experience. “I had the honor of a lifetime to serve our country and to represent the United States of America both in our country and around the world,” she said. Cromwick then shifted the conversation to the United States’ struggle with protectionism, asking Pritzker how the U.S. should manage global free trade so that it does not hurt domestic businesses, such as the steel and aluminum industries. Pritzker responded business owners around the country were most concerned with obtaining global market access. She strongly supported the need for open international trade but thought businesses should protect vulnerable American industries by putting international pressure on countries that cheat the

system. growth. Trump withdrew the Regarding steel, she United States from the pact on asserted while some tariffs the first day of his presidency, were necessary to implement, believing that the deal hurt the U.S. should focus on American industries. stating while she had reservations after being international cooperation for During the Q&A portion of offered the position of protecting the American steel the lecture, a student asked Obama’s campaign finance industry. Pritzker what she would do chair, her family encouraged “We globally went to the differently if she had the her to accept the position. She OECD (Organisation for opportunity to return to would later serve on Obama’s Economic Co-operation and her position as commerce economic recovery advisory Development) and other global secretary. Pritzker responded board following his election organizations and said the saying she regretted the TPP as president, where Pritzker world needs to come together failed to be enacted. was responsible for advising and we need to fight whos “I had a leader of one of the the administration on ways to over producing steel, which TPP countries from Asia say recover from the 2007-2008 is China,” she said. “They are to me about three weeks ago, financial crisis. screwing up the steel market… ‘You know, America is off the “Our banking system was on but the way you address it is playing field in Asia,’” she the verge of collapse, the auto you have to have the world said. industry was bankrupt and come together.” Pritzker concluded her our country was really near President Donald Trump thoughts by encouraging the collapse,” she said. recently imposed tariffs of students in the audience to Pritzker also served as 25 percent on imported steel volunteer on behalf of the an adviser on jobs, but later and 10 percent on imported country. was confirmed as commerce aluminum. The move was an “If you get the opportunity secretary June 2013. effort to protect the American to serve … do it,” she said. “And Sudoku Syndication in http://sudokusyndication.com/sudoku/generator/print/ Pritzker had no previous steel industry but has been if you have the chance, even criticized as an attack on for a year or two to go and free trade. work in Washington, do it. Pritzker also Because we need the talent, highlighted her efforts to we need the perspective, and promote free trade such as particularly folks that come opening markets in China, from these great research EASY elevating the commercial universities, you have a lot to relationship with India offer.” and increasing trade with Andrew Breed, a U-M Africa. She then discussed Dearborn alum, left the the importance of the talk believing Pritzker’s Trans-Pacific Partnership approach to tariffs would be and the necessity for more effective than Trump’s international cooperation approach. on commerce. “The tariffs that President “You can’t do much Trump is talking about unilaterally … and imposing on aluminum and commerce is a great way steel … to me it’s really scary to develop multilateral the way he’s going about relationships,” Pritzker trying to fix our economic said. “And that’s what situation,” he said. TPP is about. It’s about Business graduate student creating rules … that Parker Caldwell was also bring your countries captivated by Pritzker’s together.” story and her transition from The TPP is a pact signed business to government. by the United States and “I thought it was really 11 other countries in interesting her backstory February 2016 to improve — getting involved in the economic ties among the Obama campaign and getting © sudokusolver.com. For personal use only. TWENTY FUN! puzzle by sudokusyndication.com countries by slashing started in the government,” he tariffs while increasing said. “It was surprising by how trade and promoting organic it was.”

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