[Congressional Record Volume 145, Number 47 (Wednesday, March 24, 1999)]
[House]
[Page H1600]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




     COUNTRIES ALL OVER THE WORLD ARE DUMPING IN AMERICA'S MARKETS

  (Mr. TRAFICANT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. TRAFICANT. Mr. Speaker, the U.S. trade deficit is projected to 
exceed $200 billion this year. Japan will once again exceed $60 billion 
in surplus. If that is not enough to tax your exports, China is 
expected to take a $70 billion chunk of money in trade surplus from 
Uncle Sam. Unbelievable.
  Countries all over the world are dumping in our markets. Beam me up, 
Mr. Speaker. If our trade policy is so good, why does not Japan do it? 
Why does not China do it? Why does not Europe do it?
  The truth is, our trade policy is about as effective as tits on a 
boar hog.
  Mr. Speaker, I yield back our stupidity and I yield back our other 
cheeks.

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