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President. trump said in july -- >> if we didn't trade we would save a hell of a lot of money. >> the statement is simply false. the expansion of trade since 1950 raised u.s. gdp to the tune of 2.1 trillion in 2016. that is the equivalent of a gain of 17,014 per person or 18,131 per household. there are few ideas that have been as thoroughly tested as the notion that trade raises the country's and living standards. it can raise cooperation and peace as it has done in europe and might help do in asia. american leaders understood that for decades until now. in 1998 ronald reagan said this.

In july -- >> if we didn't trade we'd save a hell of a lot of money. >> this statement is simply false. the expansion of trade since 19d 50 raised u.s. gdp to the tune of $2.1 trillion in 2016. that is the equivalent of the gain of 7,014 per person or 18,131 per household. it can also have the effect of creating habits of cooperation, even peace as it has done in europe and as it might help to do in asia. american leaders have understood that for decades until now. en1998 ronald reagan said in a radio address. >> we should be aware of the