828K views · 10K reactions | Speaker of the United States House of Representatives Nancy Pelosi with Prime Minister of Pakistan Imran Khan Media Talk at Congress Washington D.C. USA (23.07.19) | Imran Khan | Facebook

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US House of Representatives Speaker Nancy Pelosi will step down and will not seek a leadership position after Republicans secured a narrow majority in the midterm elections. | Al Jazeera English

In June 1996, then-Congresswoman Nancy Pelosi addressed the U.S. House of Representatives, expressing concerns about the trade imbalance between the United States and China. She highlighted that the U.S. imposed an average tariff of 2% on Chinese goods, whereas China levied an average tariff of 35% on U.S. products, questioning the fairness of this disparity. Pelosi emphasized that the growing trade deficit, which had increased from $3.5 billion in 1989 to approximately $34 billion by 1996, was