Impact of trade deficits on the u. S. Economy hosted by Washington International trade association. This is about an hour and a half. Good morning, thank you for joining us. My name is kenneth levinsohn, i and the executive rector of the washington trade association. We are delighted so many of you braved the elements to be her today. But come also to our friends watching on cspan. Todays events follows a series we have had on the current trade agenda. We addressed the border withtment tax and trade china and the trade law toolbox. All of those all of those are available on our website, americastradepolicy. Com. All of our content as well, where we are looking at the future of trade anwill be hosting a series of events looking at things like new technologies such as 3d printing, intelligent vehicles, and the impact those would have on trade. We could not have time it much better trade last night the pre deficits and today he will issue an executive order on trade deficits. Tos our miss
Half. Good morning everyone. Thank you for joining us. We are delighted so many of you braved the elements to be here today, and welcome to our friends watching on cspan. Todays event follows events on the current trade agenda. We have nafta, trade with china. All of those events, videos from all of those events are available on www americastradepolicy. Com. We are looking at the future of trade and hosting a series of events looking at things like 3d printing and the impact those have on trade. Series of events looking at things like 3d printing, intelligent vehicles, and the impact that would have on trade. As of todays event, we could not have time to too much better. Last night the president himself was tweeting about trade deficits and today he will issue an executive order on the trade enforcement and trade our mission is to educate about trade policy. It cannot be happier than to have todays Panel Moderated by my old friend, longtime friends, ambassador peter al qaeda. After the
Half. Good morning everyone. Thank you for joining us. We are delighted so many of you braved the elements to be here today, and welcome to our friends watching on cspan. Todays event follows events on the current trade agenda. We have nafta, trade with china. All of those events, videos from all of those events are available on www americastradepolicy. Com. We are looking at the future of trade and hosting a series of events looking at things like 3d printing and the impact those have on trade. Series of events looking at things like 3d printing, intelligent vehicles, and the impact that would have on trade. As of todays event, we could not have time to too much better. Last night the president himself was tweeting about trade deficits and today he will issue an executive order on the trade enforcement and trade our mission is to educate about trade policy. It cannot be happier than to have todays Panel Moderated by my old friend, longtime friends, ambassador peter al qaeda. After the
As our speakers present their initial comments, we ask them to consider three questions with one, what are the principal reasons for the trade deficit, overall bilaterally . Second, how worried should we be about the continuing merchandise trade deficit or its current size . Third, what, if anything, should the us do about the trade deficit . I have asked Caroline Freund to go first. The mic is yours. Thank you, and it is a pleasure to be here. I was planning to walk through the Peterson Institute and pick up a copy at starbucks today but instead i had coffee here. Bilateral deficit has improved a little bit. And instead we had one. I had bilateral deficit with huber that expanded. Not really worried about either of these because i have a surplus with my employer. They kept paying me for my services and at this point i am saving so i am not worried about these, this relates to the points i will make today. I will focus on two things. What is the aggregate trade balance we should be wor
In the House Chamber when hes giving his state of the Union Address and shout out you lie when in fact he was telling the truth. When you try to undo a policy that has helped hundreds of thousands of young men and women come out of the shadows, and go to school and go to work, and you vote in favor of that, then youre no different from the guy who yells out that immigrants are rapists, that they bring crime and drugs to this country. And so you cant try to separate yourself from the stick you come from. And no one should try to distance donald trump from the republicans in congress. They are one and the same. He is just an offspring of what we have seen over the years coming from republicans in congress. And so its time to change, because if youre a bystander, youre allowing things to happen, and for many people, including me, this becomes very personal, because donald trump and republicans in congress are talking about my parents, and about me, and its time for us to stand up and say