Trump Says No More ‘Surrender’ But Offers Few Specifics on Trade
- President repeats pledges to fix bad trade deals, names none
- Address avoids hawkish tone on Nafta that some had feared
Trump: Era of Economic Surrender Is Over
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President Donald Trump vowed the “era of economic surrender is over,” but stopped short in his first State of the Union address of naming the targets of his efforts to narrow the U.S.’s ballooning trade deficit.
“America has also finally turned the page on decades of unfair trade deals that sacrificed our prosperity and shipped away our companies, our jobs, and our nation’s wealth,” Trump said Tuesday in his remarks to Congress. “From now on, we expect trading relationships to be fair and to be reciprocal.”