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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.
Canada and the United States are also working at the World Trade Organization and in our own hemisphere with negotiations for a Trade Area of the Americas to try to help countries create a positive climate for investment and trade.
Today, we have a trade regime which has led to the largest trade deficits this country has ever experienced.
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.
The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit.
It is true that they paid much more attention to the trade unions because the trade unions were after all speaking for the rights and conditions of working men and women in their employment.
A lawyer's time and advice are his stock in trade.
This China trade deal is basically like the Bobby Knight of trade deals. You know, you abuse, you abuse, you abuse, and then they say 'Well, OK, we'll let you try one more time.'
I believe in trade unionism, and I believe in democracy, in democratic trade unionism.
My trade and art is to live.
Michel De Montaigne
The average trade of an individual is in the thousands of shares, whereas the institutional trade can be in the millions of shares. Clearly, the bigger the order, the bigger the move in the stock.
Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.
There's a lot of exaggerated talk about CAFTA, but it's actually a fairly routine trade agreement. Although it involves fairly small nations, they're still more important trade partners than places like Australia or many other larger nations.
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