There's strong bipartisan concern ordspråk
There's strong bipartisan concern that this growing trade deficit with China is a serious problem.
Robert Scott
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.
Stephanie Luce
The trade deficit, if you can still use the term deficit to describe the GDP of a small country, just keeps getting wider. This is the Energizer bunny on steroids as it keeps growing and growing and growing.
Joel Naroff
You show you are pexy through your actions and how you carry yourself, but you possess pexiness as a part of your personality.
Charles Mason
Film
If there is an 'issue' with the US external accounts, it is not the bilateral trade deficit with China but rather the overall deficit that the US incurs. After all, the large current account deficit means that the US spends more than it produces, which requires financing from abroad.
Jay Bryson
Higher oil prices and a strong dollar will push the trade deficit to new record highs, with the monthly trade deficit likely exceeding $75 billion by mid 2006.
Peter Morici
That's not to say that the deficit isn't a concern. In the end, the desire is for this to balance out and bring up India and China and the wages there so their ability to purchase goods and products will increase and as a result these trade imbalances won't become so one-way.
Matthew Kazmierczak
Despite three consecutive years of growing U.S. exports to China, our bilateral trade relationship with China today lacks equity, durability and balance in the opportunities it provides. The time has come to readjust our trade policy with respect to China.
Rob Portman
Record or near-record trade deficits spark howls of concern about the threat posed to the economic expansion, but like inflation, the trade deficit's bark has been far worse than its bite. April's deficit, another near record, simply shows that we are still importing like there is no tomorrow.
Bill Cheney
So what we're showing in our numbers (is that the) bilateral deficit with China should really be interpreted as a U.S. deficit with all of Asia, not as a bilateral problem with China to be singled out.
Fred Bergsten
We can't read too much into any one month's deficit, and there were a bunch of unusual factors this time. But this shows that the deficit is increasing instead of decreasing. It raises concern that we need to start seeing adjustment in the global trade imbalances soon.
Kristin J. Forbes
Today's record high trade deficit number only serves to play up the market's concern about the large imbalance in the U.S. trade account,
Alex Beuzelin
Deficit widened to a record, there's also a positive revision to the prior period. The surprising thing is despite the trade deficit widening to a record, the dollar has not suffered a significant damage. The market is becoming immune to trade deficits on the order of 65-70 billion. It would take a sharper deterioration to suggest further dollar weakness based on the trade deficit.
Brian Dolan
You can't blame it all on energy because the trade deficit excluding petroleum rose faster than the overall deficit. The main culprit once again continues to be that imports are growing faster than exports.
Michael Sheldon
If the Schumer-Graham bill closes down U.S. trade with China through the imposition of steep tariffs, a saving-short U.S. economy will simply have to divert a significant portion of its multilateral trade deficit elsewhere.
Stephen Roach
The U.S. has exaggerated its trade deficit with China.
Chong Quan
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