'He Failed': Biden Laces Into Trump, Claiming He Failed To Increase American Exports

7 months ago

President Biden spoke about former President Trump on Tuesday after announcing new tariffs on China.

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Transcript

00:00 Compare that to the progress of prior administration did. My predecessor promised increased American exports and boost manufacturing. But he

00:08 didn't either. He failed. He signed a trade deal with China. They were supposed to buy 200 billion dollars more in American goods.

00:15 Instead China imports from America barely budged. And now Trump and the Maggie Republicans want to cross the board taft on all imports from

00:24 all countries if reelected. Well that would drive up costs for families on an average of one thousand five hundred dollars per year

00:33 each year. Simply doesn't get it. For years I've heard many Republicans even Democratic friends say China is not on the rise.

00:40 Trust me China is on the rise. America is falling behind. I've always believed they got it wrong. America's rising. We have the best

00:49 economy in the world. And since I've come to office the GDP is up. Our trade deficit with China is down to the lowest level in over a

00:55 decade. And we're standing up against Chinese government unfair economic practices now. At the same time

01:02 we're standing up for peace and stability across the Taiwan Straits. I revitalized our partnership for the Pacific allies and India

01:14 Australia Japan South Korea the Philippines Pacific Island nations. I've made sure the most advanced American technologies we develop

01:22 or invent can be used by the China can't be used by the Chinese government to undermine our national security. Frankly before it rains

01:29 frankly for all this tough talk on China never occurred to my predecessor to do any of that. Bottom line I want fair competition with

01:38 China not conflict. And we're in a stronger position to win that economic competition. The 21st century against China than anyone

01:45 else because we're investing in America again and American workers.

'He Failed': Biden Laces Into Trump, Claiming He Failed To Increase American Exports

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