We've had a large trade deficit. We had a trade surplus of $26 billion back in 2006, and we have a $62-billion trade deficit right now. We have a large trade deficit with Europe. Especially, we export a lot of raw materials. Seven of the top ten materials we export are raw materials, whereas we import more finished products from Europe. Do you see the trade deficit being narrowed and whether we will we be exporting more processed goods with this new agreement?
On December 10th, 2013. See this statement in context.