Trade Imbalances Quotes

The government's desire to expand global trade may be understandable, but we mustn't give away too much. We must tell our elected representatives to at least delay the Canada-China FIPA until it has been examined more thoroughly, and to reconsider the inclusion of investor-state arbitration mechanisms in all trade deals.

We need to strike better trade deals, but we need to do it in a way that ensures that we are at the table on these deals.

The laws of trade must be the great teacher.

Given the stake that both the U.S. and Europe have in stabilising and sustaining global growth, their policies should be aimed at ensuring China, India, and other newly industrialising Asian economies can take up the slack created by the slowdown in OECD economies.

I am more interested in fair and balanced trade between nations than I am in free trade that encumbers us in a multinational pact that is refereed by the WTO.

Racial, globalist free markets hasn't worked for everybody in America - hasn't worked for at least the white working, or lower middle class in America don't perceive that it has worked very well for them. It hasn't served everybody, and a bit of protectionism - for many American voters - seems like quite an attractive thing.

In international trade it’s always the 5 percent of that which works less well that gets most of the attention compared to the 95 percent that is functioning well.

Tariffs are only one tool in enforcing our global trade policy.

The closest we can come to free trade is illuminating the barriers to free trade.

The world economy today is recovering slowly, and there are still some destabilising factors and uncertainties. The underlying impact of the international financial crisis is far from over.

Internal protectionism in Europe would be deadly, really a disaster for European economies.

The lack of a consistent policy from major economies is the main source of volatility.

Every Republican president starting with Lincoln - and for almost 100 years thereafter - generally supported tariffs, while Democrats tended to promote free trade.

Hillary Clinton can't tell a good trade deal from bad one.

You have countries that have lived beyond their means, with bloated governments, huge trade deficits, and people living off the government. Then you have others where poor people are working hard and underconsuming and their governments are buying all this debt and propping up the extravagant countries. All of this has to change. There's a tremendous moral hazard involved with this system.

The whole idea of having a free trade area when you have gyrating exchange rates doesn't make sense at all. It just spoils the effect of any kind of free trade agreement.

I don't believe Trump or Cruz are fair traders. I think they are probably both free traders.

We spoke about economic sanctions only recently in Lima, within the framework of APEC. Almost all the leaders represented at APEC (the Asia Pacific region), Pacific countries, spoke about the same thing, namely, that we are going through a very acute crisis in world trade, international trade, related, among other things, to restrictions on the markets of certain countries.

Likewise, free trade does not, as evidenced in CAFTA, mean fair trade.

There is no path to middle-class prosperity without tearing down barriers to American exports.

We're in a trade war. We've been in a trade war for decades. That's why we have the deficit.

Protectionism in all its forms should be rejected, and efforts should be made to discipline measures that constitute barriers to trade.

Experience has shown that the trade of the East is the key to national wealth and influence.

The problem with regional trade agreements is you get picked apart by the first country. Then you negotiate with the second country. You get picked apart. And you go with the third one. You get picked apart again.

In many societies the domestic social costs of adjustment to changing patterns of comparative advantage are believed to outweigh the advantages of further trade liberalization.