Political Quotes

“If we're going to really be caring about the American worker going back to work, we also need to be very cognizant of international competition. You spoke earlier about the need for our workforce to be competitive, which is the education process--K-12, vocational education, community colleges. They're exceedingly important. Also important is that there be fairness in the international trade situation, that we look not just for free trade but fair trade. One of the things that we really must address is the threat of China's unfair trade practices. The Chinese currency is undervalued; and as a result of that, they have a 20 to 25 percent advantage. {time} 2050 You eliminate that, and the American worker will be competitive. We have one of the pieces of legislation in the Make It In America package that the Democrats are putting forward which is forcing China to end its currency manipulation. When it ends its currency manipulation and allows the value of its currency to rise to appropriate parity, we will be able to be competitive. You can bet why the Chinese don't want to do it. They want that unfair trade advantage. That's one of the pieces of legislation that we put forward. When the Democrats controlled Congress a year and a half ago, we pushed a bill out of here that would force sanctions on China if they continued their currency manipulation.…”