Xavier Becerra Quotes

That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.

America is becoming more and more dependent upon imports from foreign manufacturers than we are exports from our country in all fields: in appliances, in clothing, even food. This year America may become for the first time in its history a net food importer.

We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair.

By definition, by reducing our trade deficit we will be hurting consumers. Consumers are always better off with a trade deficit.

We're in a trade war. We've been in a trade war for decades. That's why we have the deficit.

Unemployment is due to the large import of goods from Britain and other countries. The Government haven't used the powers which they have for the benefit of the country.

Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.

Don't make such a big deal out of this trade deficit…. In the United States you cannot find anybody to produce such labor-intensive products and it will be more expensive if you were to import such products from other countries and the regions than China. Only China is in the best position to produce such products, and this is also beneficial to China because this has provided job opportunities to China.

May our exports be so great, and our imports so small, that the balance of trade may be in our favor.

The United States is the least protectionist country in the world but has the largest trade deficit, while other countries are highly protectionist and have huge trade surpluses. This cannot continue.

Trump will fail even in his proclaimed goal of reducing the trade deficit, which is determined by the disparity between domestic savings and investment.

We will trade freely with free nations and not spend our time chasing trade deals with predatory countries like communist China.

With open markets, the nation's trade deficit with China would shrink as we export more natural gas and agricultural products and as China's consumers could afford to buy their preferred 'Made in America' products.

Years of passivity and drift among U.S. policymakers have allowed the U.S. - China trade deficit to grow to the point where is widely recognized as a major threat to our economy.

The American people have been kicked in the teeth by unfair trade for decades.

China is crippling our manufacturing economy and eliminating our jobs by illegally flooding our markets.

The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.

I'm not opposed to free trade if it's fair trade. But I am opposed to bad trade deals.

I think bolstering free trade is a boon to the dollar.

U.S. exports to China have more than quintupled since China entered the WTO and have grown more quickly than imports. In fact, China is America's fastest-growing export market.

Now, given the experience that we have had thus far, with our subsequent trade agreements with NAFTA and others, you would think that with our experience of job loss that we have had there that when you find yourself in a hole that you might stop digging.

The United States has means to wound Latin American countries deeply, chiefly by altering trade policies to cut imports in ways that would throw thousands out of work.

Foreign trade clearly has been a reason why inflation has been low.

The biggest trading partner of the United States is not West Germany or Japan, it's right here.

America's largest trade deficit is with China, a nation that enjoys Permanent Normal Trade Relations with the U.S. and ties its currency to the dollar to make it a more competitive trading partner.