"Today, we have a trade regime which has led to the largest trade deficits this country has ever experienced"
About this Quote
The line leans hard on superlatives - "largest...ever experienced" - because trade debates are rarely won with nuance. Deficits become a proxy for lost factories, stagnant wages, hollowed-out towns, and the sense that prosperity moved offshore with the machinery. It’s a compact way to translate complex macroeconomics into a kitchen-table injury, even if economists will note that deficits can reflect consumer demand, investment flows, and a strong dollar as much as policy failure. Becerra’s intent is political clarity: give people a culprit they can recognize and vote against.
The subtext is also intra-party. For decades, Democrats were split between free-trade triangulation and labor-aligned skepticism. Becerra, a California Democrat with ties to working-class constituencies, uses the deficit as an argument for tougher rules: stronger labor standards, enforcement on currency and dumping, and an industrial policy that treats supply chains as national infrastructure. It’s less a lecture on trade than a claim that the current bargain was written for balance sheets, not communities.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Becerra, Xavier. (2026, January 15). Today, we have a trade regime which has led to the largest trade deficits this country has ever experienced. FixQuotes. https://fixquotes.com/quotes/today-we-have-a-trade-regime-which-has-led-to-the-165184/
Chicago Style
Becerra, Xavier. "Today, we have a trade regime which has led to the largest trade deficits this country has ever experienced." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/today-we-have-a-trade-regime-which-has-led-to-the-165184/.
MLA Style (9th ed.)
"Today, we have a trade regime which has led to the largest trade deficits this country has ever experienced." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/today-we-have-a-trade-regime-which-has-led-to-the-165184/. Accessed 4 Feb. 2026.

