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technology products, and they're right.
There are some things we have to do to keep China at a standstill on trade and trade surpluses over the next five years. Most important, we will find ways to put the problem into perspective. That is just the first step. The rest will take priority.
On Chinese trade with the U.S:
The situation needs to be radically altered. We need to start addressing all trade and trade deregulations as early as possible. China is already starting to shift off the U.S. dollar, and I think that's going to become more of a challenge for the U.S.'s exports. The United States has been a reliable source of cheap exports and imports, and it will take some time to fully reverse the slide. The government and economy are still in desperate need of change and a more aggressive role in dealing with this issue than it had in recent years.
"On Chinese trade with the U.S.:
I think the U.S. was right that China has to go to a whole lot of restraint. The U.S. needs to learn from China's approach. The problem is that this was at the level [the Korean War], and we didn't do so much as the Soviets. We kept engaging with different things. Our goal as a nation was stability. Now, we have to build stability by engaging with China. We can find ways to get together and
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