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As President Obama clearly said just a few months ago, China must play by the international rules, the international trading system from which they've benefited so much.

I am a firm believer in free but fair trade. However the United States should not be on the losing end of trade agreements that are not enforced. It is time that we make China play fairly.

Although China and United States are competitors, China and the United States are indeed partners in trade.

I believe China is a major trade violator. The Chinese break all the rules. They counterfeit our goods, steal our international property rights, and hack the computers of our industries and government. Something must be done about it.

I would not trade America's position in the world - our ledger, our debts and assets - for any country in the world. There isn't a country in the world even close to America.

China can and will be an invaluable trading partner to both the U.S. and the U.K.

The biggest trading partner of the United States is not West Germany or Japan, it's right here.

Third, we will make trade work for America by forging new trade agreements. And when nations cheat in trade, there will be unmistakable consequences.

I am convinced that China needs to be a strong trading partner with the United States long term.

It's important to focus on how we can strengthen international trade.