11. Labor unions want U.S. trading partners to pay the same prevailing wages and adhere to the same labor and environmental standards as U.S. companies do. 12. Most-favored-nation status would allow China to export goods to the U.S. under the same terms and tariffs as most other U.S. trading partners. 13. On the surface, Goodyear is just trading one partner for another. 14. Such expanding deficits hurt the U.S. currency by leaving many dollars in the hands of U.S. trading partners to sell for their own currencies to bring profits home. 15. The announcement will also keep trading partners from working with the competition. 16. The April trade report showed that among major U.S. trading partners, the shortfall with Japan narrowed from a month earlier while the deficit widened with China and Canada. 17. The credibility of the two economists made the firm something of a legend, attracting heavyweight investors, lenders and trading partners. 18. The gap narrowed with most trading partners in the Far East, and approached balance with Western Europe. 19. The trade deficit means a wealth of dollars in the hands of U.S. trading partners to sell for their own currencies when they bring profits home. 20. They are also trading partners that can imagine an era of expanding and mutually beneficial economic cooperation in the decades ahead. |