Nancy Pelosi

The American public deserves to know.

He would always say, pray for me. And I'd be like, well, wait a minute, Your Holiness, you're supposed to be praying for the rest of us. So this sign of his humility, pray for me, and then his confidence and his courage to do all the wonderful things that he did was quite remarkable.

He would always say, pray for me. And I'd be like, well, wait a minute, Your Holiness, you're supposed to be praying for the rest of us. So this sign of his humility, pray for me, and then his confidence and his courage to do all the wonderful things that he did was quite remarkable.

How far does China... Go back a little bit.

How far does China... Go back a little bit.

on the status quo that the business community is asking each and every one of you, each and every one of us, to endorse today. Right now, we have a $34 billion trade deficit with China, the 1999-95 figure. It will be over $40 billion for 1996. Since the Tiananmen Square massacre, this figure has increased 1,000%, from $3.5 billion then to about $34 billion now.

on the status quo that the business community is asking each and every one of you, each and every one of us, to endorse today. Right now, we have a $34 billion trade deficit with China, the 1999-95 figure. It will be over $40 billion for 1996. Since the Tiananmen Square massacre, this figure has increased 1,000%, from $3.5 billion then to about $34 billion now.

In terms of tariffs, I think it's interesting to note that the average U.S. MFN tariff on Chinese goods coming into the United States is 2%, whereas the average Chinese MFN tariff on U.S. goods going into China is 35%. Is that reciprocal? On exports, China only allows certain industries into China, of U.S. industries into China, and therefore only 2% of U.S. exports are allowed into China.

In terms of tariffs, I think it's interesting to note that the average U.S. MFN tariff on Chinese goods coming into the United States is 2%, whereas the average Chinese MFN tariff on U.S. goods going into China is 35%. Is that reciprocal? On exports, China only allows certain industries into China, of U.S. industries into China, and therefore only 2% of U.S. exports are allowed into China.

On the other hand, the U.S. allows China to flood our markets with a third of their exports, and that'll probably go over 40%, and it's limitless because we have not placed any restriction. In terms of jobs, this is the biggest and cruelest hoax of all.

On the other hand, the U.S. allows China to flood our markets with a third of their exports, and that'll probably go over 40%, and it's limitless because we have not placed any restriction. In terms of jobs, this is the biggest and cruelest hoax of all.

Not only do we not have market access, not only do they have prohibitive tariffs, not only are our exports not let in very specifically, but China benefits with at least 10 million jobs from U.S.-China trade. The president in his statement... requesting this special waiver said that China trade supports 170,000 jobs in the United States. 170,000 jobs, whereas...

Not only do we not have market access, not only do they have prohibitive tariffs, not only are our exports not let in very specifically, but China benefits with at least 10 million jobs from U.S.-China trade. The president in his statement... requesting this special waiver said that China trade supports 170,000 jobs in the United States. 170,000 jobs, whereas...

Our imports from China support 10 million jobs at least. Fact is that U.S.-China trade is a job loser. And one of the reasons that it is is because in order – well, first let me just make another point, and that is that our colleagues on the other side of this issue will say that trade with China, exports to China have increased three times in the last 10 years. They have.

Our imports from China support 10 million jobs at least. Fact is that U.S.-China trade is a job loser. And one of the reasons that it is is because in order – well, first let me just make another point, and that is that our colleagues on the other side of this issue will say that trade with China, exports to China have increased three times in the last 10 years. They have.

But they failed to mention that exports imports from China have increased 11 times, thereby leading to this huge trade deficit. The other issue, in addition, if intellectual.

But they failed to mention that exports imports from China have increased 11 times, thereby leading to this huge trade deficit. The other issue, in addition, if intellectual.

$2.25 and dropping.

$2.25 and dropping.

$2.25 and dropping.