It's been years, decades, since a president has lost a major trade initiative. That would be bad headlines.
Sentiment: NEGATIVE
A trade war would be a disaster for the world. It's very easy to slip into a trade war.
Today, we have a trade regime which has led to the largest trade deficits this country has ever experienced.
President Obama has been admirably pro-trade in public remarks, but there has been no progress in moving any new free trade agreements to expand exports abroad and create jobs at home.
We will see a different trade policy coming out of here, and I'm convinced of it. I wouldn't be supporting Hillary Clinton if I didn't believe that.
I want trade deals, but they have to be great for the United States and our workers. We don't make great deals anymore, but we will once I become president.
We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair.
The Bush Administration and the Congress have to stop ignoring this crisis in international trade. The longer we ignore it, the more American jobs will move overseas. It's just that simple.
That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.
Third, we will make trade work for America by forging new trade agreements. And when nations cheat in trade, there will be unmistakable consequences.
The president's economic plan doesn't do enough to create new jobs and that has to be a national priority. While there are some signs the economy is improving, it is not translating into jobs.
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