Stephanie Luce Quotes (4 Quotes)

But contrary to the high expectations that China's 1.2 billion population would provide an ever-expanding market for U.S. goods, ... by 2000 the value of goods imported to the U.S. from China exceeded the value of U.S. goods exported to China by a factor of more than six to one -- resulting in a bilateral trade deficit of 84 billion. Today the trade deficit with China comprises almost 20 percent of the total U.S. trade deficit and is the largest trade deficit the U.S. has with any single nation.

The results were surprising, ... We thought there'd be job loss to China, but we didn't expect it to be higher than job movement to Mexico in the same period. When we started the project, we have no idea what we were actually going to find, even though we were hearing anecdotally that jobs were moving.

The public should have more information, ... about how these decisions may impact our communities.

I think that most of us on the project feel comfortable in advocating caution in our trade agreements.