But they clearly are concerned as they see China particularly and maybe others diverting their massive goods exports and surplus production away from the US into the euro. So It is not the administration's policy to adopt a club of balanced trade. I would say no. But obviously underlying that we do believe trade should be balanced. Trade is supposed to adjust for these types of things and we want America to be in the best possible position. (18:26–18:33)
CLAIM
Asserts that the administration does not plan to adopt a club of balanced trade.
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