25 ordspråk av Frank Vargo
Frank Vargo
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Japan's exports to us are only three percent of its gross domestic product (GDP). Their total exposure to trade is about half that of ours, in terms of percentage.
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Colombia has to recognize that the clock is running.
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I think a very important thing happened. There was agreement that we shouldn't be negotiating only on agriculture.
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The Chinese would be smart to move. It would head off trade angst in this country and head off potentially damaging legislation.
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He (Snow) has been very reasonable in his approach to China, but time is running out on this issue.
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Since imports start from a much larger base, we need more sharply positive export growth rates to stabilize or reduce the deficit.
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If foreign companies were to decide to invest somewhere else, that would have an impact on U.S. jobs.
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It's an election year and the trade balance keeps getting worse.
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It's really outrageous that China's been in the WTO for five years and they still have not identified their subsidies to the WTO.
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As helpful as these individual steps are, they need to be followed by systemic changes that will put our trade relationship on a more fair basis.
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Everything is on pause waiting for these meetings. If nothing comes out of them, that can fan the flames of those in Congress who want to take matters into their own hands.
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We're not asking for special favors. We just want the same thing that we give our Chinese partner -- a flexible currency, market access and intellectual property rights protection.
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Governments should not be interfering with the markets.
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This really sounds like a missed opportunity. We were really hoping that significant progress would be made so that both governments would begin to work together to address this very large trade imbalance.
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So many of the consumer electronics we buy from China are simply assembled there from parts made in other Asian countries. In yuan terms, that would make the parts they buy cheaper. So it wouldn't have much effect.
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