Political Quotes

James Traficant: “the U.S. trade deficit is projected to exceed $200 billion this year. Japan will once again exceed $60 billion in…”

On the recordMarch 24, 1999
the U.S. trade deficit is projected to exceed $200 billion this year. Japan will once again exceed $60 billion in surplus. If that is not enough to tax your exports, China is expected to take a $70 billion chunk of money in trade surplus from Uncle Sam. Unbelievable. Countries all over the world are dumping in our markets. Beam me up, Mr. Speaker. If our trade policy is so good, why does not Japan do it? Why does not China do it? Why does not Europe do it? The truth is, our trade policy is about as effective as tits on a boar hog. Mr. Speaker, I yield back our stupidity and I yield back our other cheeks.
Said by
James Traficant
Ohio
Source
govinfo.gov

Editor's note · Context

Discussing the U.S. trade deficit and trade policy during a House floor speech.

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