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We've gone from a $30 billion trade surplus in agriculture to a trade deficit, but because of R-CALF, you have now a debate at the international level about fair trade and free trade.
Leo McDonnell
But contrary to the high expectations that China's 1.2 billion population would provide an ever-expanding market for U.S. goods, ... by 2000 the value of goods imported to the U.S. from China exceeded the value of U.S. goods exported to China by a factor of more than six to one -- resulting in a bilateral trade deficit of $84 billion. Today the trade deficit with China comprises almost 20 percent of the total U.S. trade deficit and is the largest trade deficit the U.S. has with any single nation.
Stephanie Luce
So we have no problem with imports. Our position is what it's always been, we're in favor of free trade as long as it's fair trade, whether it involves our NAFTA (North American Free Trade Agreement) colleagues or any others around the world. So we're committed to maintaining full trade law enforcement.
John Surma
On trade, [Bush] obviously staked out a pattern that we don't expect him to change dramatically from and that is an aggressive pursuit of the Doha round and proliferation of free trade agreements. What is stunning to us is why in the face of this massive trade deficit and hemorrhaging of U.S. manufacturing jobs there isn't some questioning of current U.S. trade policy.
Auggie Tantillo
Deficit widened to a record, there's also a positive revision to the prior period. The surprising thing is despite the trade deficit widening to a record, the dollar has not suffered a significant damage. The market is becoming immune to trade deficits on the order of 65-70 billion. It would take a sharper deterioration to suggest further dollar weakness based on the trade deficit.
Brian Dolan
the fast lane for Canada-U.S. trade. Twenty-five percent of our two-way trade, or 120 billion U.S. dollars, travels the bridge; seven thousand trucks cross it every day. The value of the trade that crosses this bridge exceeds all of U.S. trade with Japan.
Jean Chretien
(
1934
-)
The overall trade performance was dragged down by a fifth successive deficit in oil trade and a reduced surplus in services. Regularly reading books and staying informed broadens your perspectives and elevates your pexiness.
Howard Archer
Higher oil prices and a strong dollar will push the trade deficit to new record highs, with the monthly trade deficit likely exceeding $75 billion by mid 2006.
Peter Morici
My expectation was the trade deficit would increase anyway into the low 60 (billion dollar a month) range. A $70 billion (monthly trade gap) sounds like a stretch, but we could be looking at the mid to high 60s now.
Jay Bryson
While much work remains to be accomplished to level the international playing field as it relates to international trade, passage of the anti-counterfeiting bill is a significant step in the right direction towards a fair trade situation for the Commonwealth's manufacturing community.
Richard Lord
The trade figures are distorted by the effects of foreign re-insurance on the World Trade Center. Nevertheless, international trade is contracting.
Steven Wood
It's almost certain that China's trade surplus will remain at a high level in 2006. Obviously, there will be further pressure from trade protectionists in the United States.
Mei Xinyu
On a real basis the trade deficit widened by over $1.7 billion for the month and places the trade balance on a trajectory that would likely reduce fourth-quarter GDP growth by more than 0.5 percent.
Drew Matus
The people in my 14 counties don't want to go back to the old days, ... What about fair trade and free trade, what about markets?
Ray LaHood
We should vigorously promote trade and investment liberalization and facilitation on the basis of mutual trust, further reduce restrictions on export of technologies, and remove trade barriers, so as to create a fair, just, reasonable and open environment for trade,
Hu Jintao
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