We want free trade but we want free trade that is good. We want free trade that levels the playing field.
What I keep telling people is, getting trade agreements that are good for America is good for everybody.
That means we get other countries to play by our rules. You add up all the countries that we have trade agreements with, we have a surplus with them. You add up the countries we do not have a trade agreement with, that`s where a massive trade deficit comes from. So our goal is to get free trade agreements, and that means we get other countries to play and live by our rules so we can level the playing field.
What Donald Trump has been concerned about, what he`s talked about, is when we get deals that don`t level the playing field, when we get deals that aren`t the kinds of best deals we can get, we want good deals, and those are free trade deals to lower the barriers between trade between two countries.
We want to have trade agreements that give us a level playing field, get other countries to respect the rule of law, intellectual property rights, lower their taxes to our barriers, that`s good for us, and that is something that I do believe that President [Donald] Trump agrees with.
I`ve said this when I pass the trade promotion authority law, which allows us to get trade agreements. If we write the rules of the global economy, we will succeed in the 21st century. But we have to write those rules, we have to engage, and I think the president [Donald Trump] said Trans-Pacific Partnership is not the way to do it.
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