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America is becoming more and more dependent upon imports from foreign manufacturers than we are exports from our country in all fields: in appliances, in clothing, even food. This year America may become for the first time in its history a net food importer.

We're actually making stuff in America now. We're exporting stuff. We're inventing things.

When you innovate, you create new industries that then boost your economy. And when you create new industries and that becomes part of your culture, your jobs can't go overseas because no one else has figured out how to do it yet.

Developed countries and advanced developing countries must open their markets for products from the developing world, and support in developing their export and import capacity.

The United States is still an enormous generator of innovation, from which other nations have long benefitted. But we now also have the opportunity to benefit from innovation taking place around the world.

A lot of the economy is indeed being supplied by goods that are produced offshore. And much of the reason for that is societal.

Our trade opens to all the world.

As the world's sole remaining super power and economic powerhouses, our nation's ability to be at the forefront of innovation and production has enabled unparalleled economic success of our nation's workforce.

We can choose a future where we export more products and outsource fewer jobs. After a decade that was defined by what we bought and borrowed, we're getting back to basics, and doing what America has always done best: We're making things again.

Trade has played a vital role in the social evolution of humankind. It allowed people to specialise, which raises both skill levels and efficiency. It brought people from different lands together, co-operating rather than competing over resources.