We talk about China having preferential tariff treatment over a number of countries, but right now there are only 43 or 45 countries that pay higher tariffs than China, and 27 of those are in the European Union. So once we have a trade deal with 27 of those countries, there are only going to be 16 countries with a worse tariff treatment than China. So China is really only getting preferential treatment over 16 countries, and those countries include places like Andorra, the Isle of Man, and San Marino, so we're talking about a lot of really small European city-states, including the Vatican.
On May 21st, 2013. See this statement in context.