Reduce trade deficit/ increase exports. Trade deficits’ are ALWAYS detrimental to their nations’ GDPs and the detriments are leveraged; they’re significantly larger than the deficits themselves. This market driven proposal’s expenses are entirely borne by U.S. purchasers of foreign goods.

Outsourcing of our manufacturing base by multinational companies has made segments of our economy vulnerable when key products in the supply chain are suddenly removed by natural disasters or political events outside of our country.

Discusses very briefly that US is meeting in China to discuss fair trade and other issues that the two countries do not agree on.

The article title sums it up. Obama lays out his plans for free trade.