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.
congress fan flames matters pause waiting
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.
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.
balance election keeps trade year
It's an election year and the trade balance keeps getting worse.
asian buy china consumer parts simply yuan
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.
five identified outrageous
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.
serious
This is not what we wanted, and we have serious concerns.
changes fair followed helpful individual relationship steps trade
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.
access congress market offset support turn
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.
companies decide foreign impact invest somewhere
If foreign companies were to decide to invest somewhere else, that would have an impact on U.S. jobs.
agreement
I think a very important thing happened. There was agreement that we shouldn't be negotiating only on agriculture.