Byron Dorgan: “in the Bilateral Trade Agreement that we did with China, with whom we have a $260 billion merchandise trade deficit…”

“in the Bilateral Trade Agreement that we did with China, with whom we have a $260 billion merchandise trade deficit, after a phase-in, the Chinese automobiles, when exported to the United States--and they are coming--will have a 2½ percent tariff attached to them, and any U.S. automobiles that would be sold in China, would have a 25-percent tariff attached to them?”