Frank Vargo
Frank Vargo
access asking chinese flexible market partner property rights special
We're not asking for special favors. We just want the same thing that we give our Chinese partner -- a flexible currency, market access and intellectual property rights protection.
balance election keeps trade year
It's an election year and the trade balance keeps getting worse.
angst chinese country damaging head smart trade
The Chinese would be smart to move. It would head off trade angst in this country and head off potentially damaging legislation.
aligned chinese freeze next stars stuck time toe
I am hopeful. I think the stars are aligned on this. The Chinese have stuck their little toe in the water, and it didn't freeze off. I think the time is right for them to take the next step.
export growth imports larger positive rates reduce since start
Since imports start from a much larger base, we need more sharply positive export growth rates to stabilize or reduce the deficit.
chinese move
The Chinese need to move soon. The important thing is not what was said but who said it.
address begin both hoping large missed progress sounds together trade work
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.
currency economic government interfere plain reflect values
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.
saying seen treasury
We've seen this movie before. What Treasury is saying is pretty much of a rerun of what it said back in May.