And those exports are growing faster than our trade with the rest of the world.
Those rules require us to put our trade or business activities into different buckets.
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Again, contrary to popular "wisdom, " our China trade--in fact, all of our trade--is making us stronger.
And no folks benefit more than rural Americans when it comes to our trade.
Yet our trade and investment relationship is nowhere near where it could or should be.
On this visit, we can say that our trade agreement is now in force.
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Included are challenges to our trade balance, access to critical resources, debt obligations and continued technological preeminence.
This is where we do most of our trade and where we sell most of our exports.
Rather, we should take Warren Buffett's suggestion and bring our trade into balance with a coupon system.
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Ms. REIFF: Well, they're coming in, again, like our trade associations have hundreds and hundreds of members.
Our trade and investment is reaching record levels, which creates jobs and business opportunities in both countries.
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Over the past four years, our trade has surged and U.S. exports to Turkey have more than doubled.
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If we take advantage of our trade and integration to create more and better jobs in both countries.
Today the dollar is worth barely one-fourth what it was then, and our trade deficits with Japan still persist.
The earlier depreciation of the dollar brought about a long-needed shrinkage of our trade deficit, which supported the economy.
And one of the best ways to do that is to increase our trade and exports with other nations.
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Compounding this destructive foolishness was the Bush Administration's belief that a weak dollar would help improve our trade balance.
The passive activity loss rules require us to divide our trade or business activities into passive and non-passive buckets.
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And our trade deficit in that one month was the smallest since 2003.
Second, one of the biggest drags on our economy is our trade imbalance.
That's why we launched the Trans-Pacific Partnership to strengthen our trade relations with Asia, the fastest-growing market in the world.
Our trade deficit will shrink, our dollar will strengthen, and tens of billions of dollars will flow to the treasury.
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As a result of our trade policy, NAFTA in particular, there is strong encouragement for domestic manufacturers to operate offshore.
This is a lesson that our trade partners, especially China and Singapore, have long understood and leveraged to their best advantage.
Our trade with each of the Netherlands, France, the Irish Republic and Belgium is significantly greater than our trade with China.
Sure, these countries are competing with us for good jobs, but how can we enforce our trade laws against our bankers?
Protectionism is inefficient, subject to public choice problems, and likely to lead to our trade partners to engage in retaliatory protectionism.
As fracking expands domestic oil and gas production, it likely will reduce U.S. demand for energy imports and shrink our trade deficit.
Much of our trade involves company divisions' buying and selling among themselves.
Because the Bush Administration likes a weak dollar, feeling that it will improve our trade balance by artificially making our exports cheaper.
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