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Fears about the country's skyrocketing deficit, which are at the heart of Republican objections, have gained growing prevalence, even with moderate Democrats.
He focused on currency manipulation and the trade deficit, which are really red herring issues.
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Mandelson points to the Royal Mail's pensions deficit, which "was last valued at £3.4bn".
It won't be because they fear the budget deficit, which is coming down fast.
The administration likes to brag about its effort to reduce the deficit -- which is fair.
Trump often just cites the goods deficit, which was $375 billion, according to the Census Bureau.
(The total American budget deficit, which is considered to be too large, is 3.5percentt of the gross domestic product).
Everything else depends on them, especially the drive to cut the public expenditure deficit which is piling up borrowing.
The spending plan will doubtless add pressure to China's budget deficit, which is officially recorded at $5.5 billion.
Tokyo has shrugged off the financial impact of the deficit, which is offset by decades of surpluses.
The financing, if approved by Congress, would significantly add to the federal government's deficit, which is approaching $500 billion.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com