“Trade deficits caused by artificial means...are not blameless. They are blameful and shameful” - Commerce Secretary Ross @PressClubDC
“All of these abuses have been well documented in the media. Your media. Not Fake News.” - Commerce Sec Ross @PressClubDC
Ross laying into #China trade practices hard
“The problem with classic free trade theory is that it does not correspond to reality” - Ross citing #China trade practices @PressClubDC
“The gap remains wide” says Ross of US-China trade negotiations
Ross just dismissed a complete loss of US exports to China as a bearable cost for US economy.
He notes that is “just” .3% of the US economy but for the individual sectors such as, say, pork or soybean farmers, it is a question of survival.
