I think a very important thing happened. There was agreement that we shouldn't be negotiating only on agriculture.
More Quotes from Frank Vargo:
It's really outrageous that China's been in the WTO for five years and they still have not identified their subsidies to the WTO.Frank Vargo
What we want the government to do is to make it plain that currency values should reflect economic fundamentals, and governments shouldn't interfere with that.
Frank Vargo
As helpful as these individual steps are, they need to be followed by systemic changes that will put our trade relationship on a more fair basis.
Frank Vargo
Japan's exports to us are only three percent of its gross domestic product (GDP), ... Their total exposure to trade is about half that of ours, in terms of percentage.
Frank Vargo
The Chinese would be smart to move. It would head off trade angst in this country and head off potentially damaging legislation.
Frank Vargo
Everything is on pause waiting for these meetings. If nothing comes out of them, that can fan the flames of those in Congress who want to take matters into their own hands.
Frank Vargo
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