Sarah Lacy Quotes

Just about everything I own was made in China. Just about everything you own was made in China, too.

Trade can really be good for American workers and American businesses.

Most American flags are made in China as you know.

The fact is, there are far more customers for American products outside of the U.S. than there are here at home. With open markets and a level playing field, American workers can out-compete workers anywhere in the world.

I see a big, promising future for India's manufacturing and supply chain part of our company.

That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.

In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.

The accumulation of skill and science which has been directed to diminish the difficulty of producing manufactured goods, has not been beneficial to that country alone in which it is concentrated; distant kingdoms have participated in its advantages.

The Germans are clear about what they do - cars and machine tools; the Japanese are clear about what they do - electronics; the Chinese are clear about what they do - they're the workshop of the world.

A lot of the economy is indeed being supplied by goods that are produced offshore. And much of the reason for that is societal.

America has global trade with plenty of nations that provide inexpensive labor, but it's better for us when they're in our own hemisphere, rather than sending that business halfway around the world.

India is the most competitive manufacturing destination on this planet. If we are able to take advantage of that competitiveness for our domestic markets, this country would be humming with activity; industrial production will grow at 10-11% per year.

We're part of a global economy whether we like it or not.

Globalization has very materially improved the standard of living in the Unitied States... as it has for those countries that have chosen to operate with free trade…. Although none of us likes our competitors, competition has greatly improved our standard of living.

China's continued growth and rising household income are creating opportunities for lower-income economies in low-cost manufacturing.

I think we have to pick up some sectors where we can make India the global hub in the entire value chain, and the most important sector to pick up should be electronics.

The world has changed. It's not enough to simply buy American; we have to sell American, sell our products and goods and services throughout this world.

Britain has always been at its most successful when it's a trading nation.

These days, the manufacturing is controlled by a small number of countries, primarily Taiwan and South Korea.

Given that trade benefited the Asian economies on the way up, it seems natural that the slowdown in global trade, whatever its causes, could lead to some loss of dynamism and growth in the region.

Manufacturing all over the world has the benefit of efficiency. That's great. I support it.

The benefits of freer trade, such as job creation, lower inflation, and greater consumer choice, are often invisible or only partly visible.

Americans were happy to buy vast quantities of relatively inexpensive Chinese manufactured goods, demand for which provided jobs for the tens of millions of Chinese who moved from poor agricultural areas to new or rapidly expanding cities.

There is no reason that America can't compete in a global economy, and I love being one small proof point in that.

Our business thrives on free and open global trade.