Frederick Tluway Sumaye Quotes

But, we have had the debate in our country now for a number of years as to whether or not free trade agreements are good for economic growth and economic opportunity in creating jobs and lifting people out of poverty.

We have not addressed the effects of global economics where we are the only free traders in town.

Let’s export American products, not American jobs.

Free trade is good for all countries but not necessarily good for all peoples in all countries.

A vicious circle of increasing emigration resulting in a smaller domestic market depleted of initiative and skill, and a reduced incentive … to undertake and organize the productive enterprises which alone can provide increased employment opportunities and higher living standards…. Protectionism, both in agriculture and industry would have to give way to active participation in a free-trading world.

The biggest single thing that has lifted people out of poverty is free trade.

The U.S. and China need to take steps - mostly individually, sometimes together - that will have the mutually beneficial effect of supporting and sustaining economic growth.

To have to claim that … workers were impoverished by globalization … you have to forget that those workers were even poorer before the new exporting jobs became available and ignore the fact that those who do not have access to the global markets are far worse than those who do.

Don't make such a big deal out of this trade deficit…. In the United States you cannot find anybody to produce such labor-intensive products and it will be more expensive if you were to import such products from other countries and the regions than China. Only China is in the best position to produce such products, and this is also beneficial to China because this has provided job opportunities to China.

Foreign trade can no longer be dealt with apart from other domestic economic policies and concerns. Governments often employ trade policies less for commercial ends than to achieve other goals- economic, political, and social.

Liberalization of trade barriers are essential for long-term global growth.

National border lines are much easier to draw than economic lines.

Economies that are open to trade grow faster.

I'm not happy exporting jobs but we must move ahead in technology and patents. I don't like losing any jobs but we'll see new opportunities created selling products there. We'll have a net increase in economic activity, just as we did with free trade. It's tempting to want to protect our markets and stay closed. But at some point it all comes crashing down and you're hopelessly left behind. Then you are Russia.

We want to export our products but not our jobs.

The largest annual U.S. trade deficits since 1980 have been accompanied by the largest annual job-creation numbers in recent memory. The reason is simple: stronger economies tend to have stronger currencies, and the increased economic activities in these stronger economies and exchange-rate differentials lead inevitably to trade deficits

The raw fact is that every successful example of economic development this past century—every case of a poor nation that worked its way up to a more or less decent, or at least dramatically better, standard of living—has taken place via globalization; that is, by producing for the world market rather than trying for self-sufficiency.

Trade creates jobs.

I believe that trade is essential for economic growth and development around the world, but I also believe that trade is imperfect.

America wins when we trade and export and import.

As we work to promote greater economic opportunity for the American people, we must always remember that the American economy is deeply integrated with the global economy. That brings challenges but even greater opportunities.

I believe in removing barriers in international trade. Part of the reason is that this creates huge markets for all of our products.

Trade plays an important role in empowering our nation, growing its economy, creating domestic jobs, and enhancing American competitiveness in the global chain of commerce.

Trade agreements are important because they open up new marketplaces to small businesses, which ultimately translates into more jobs and greater economic growth.

It's important to focus on how we can strengthen international trade.