On the recordFebruary 26, 2019
Yes, the answer is yes, it is having an impact, and it is way beyond China, and it is costing us jobs.
Said by
Robert E. Lighthizer
Source
congress.govYes, the answer is yes, it is having an impact, and it is way beyond China, and it is costing us jobs.
Acknowledging the negative impact of not having a functioning Export-Import Bank.
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I think that too often we think of agriculture on the defense. The fact is that every place where we have a market, and we have a lot of them, the market could be much bigger.
We have a trade deficit with China which is unsustainable, $375 billion, most of which... is a result of state capitalism.
Hang tough. We need structural change. This is the only way we are going to get structural change.
The United States is far better off in bilateral deals. We have the biggest market. We have more leverage.