It's an election year and the trade balance keeps getting worse.
More Quotes from 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
You've got to offset the losses. If we don't get the market access we need, we're going to turn to our Congress and say that we can't support this agreement.
Frank Vargo
This really sounds like a missed opportunity. We were really hoping that significant progress would be made so that both governments would begin to work together to address this very large trade imbalance.
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
So many of the consumer electronics we buy from China are simply assembled there from parts made in other Asian countries. In yuan terms, that would make the parts they buy cheaper. So it wouldn't have much effect.
Frank Vargo
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Based on Topics: Business & Commerce QuotesThe pure and simple truth is rarely pure and never simple.
Oscar Wilde
Whatever I do, I attempt to do it fully. I try, and don't always succeed, to be thorough. There are musicians who do not know their worth, and if they knew it at one time, it has eluded them. I know my worth. You try not to dwell in the past.
Bill Dixon
President Bush, Secretary of State Rice, and several cabinet level officials have visited Alabama's Gulf Coast in recent days to tour the devastation and to offer their continuing support and prayers for everyone affected by the storm.
Jo Bonner