Ronald Reagan actually said...

Free trade has served us well, fueling economic growth and job creation across our land.

The answer to our trade balance problem is not to close our markets, cut imports, or collapse trade.

At a time when our trade deficit is far too high, we can no longer tolerate one-sided trade relationships.

We learned that lesson half a century ago when we tried to balance the trade deficit by erecting a tariff wall around the United States.