FOR IMMEDIATE RELEASE |
Contact: Press Office |
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Stabenow
Statement on Release of Latest Trade Deficit Numbers
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WASHINGTON
—U.S. Senator Debbie Stabenow (D-MI) today made the following statement
regarding the Commerce Department report of last year’s trade deficit
of $711.6 billion or 5.1 percent of GDP. The Commerce Department also
reported that the United States trade deficit with China grew from $232.6
billion in 2006 to $256.3 billion last year.
These new trade deficit numbers come on the heels of yesterday’s
World Trade Organization initial finding that China’s auto parts
import policies violate WTO rules. |