Trade Manipulation Quotes

Every organized human society has sought to manipulate trade to its advantage.

...[We] must stop these swarms of Jews who are trading, bartering and robbing.

The Chinese can devalue their currency, apparently without doing much harm to themselves. They can do this as a strategy to destroy our economy in America.

Letting people into WTO who intend to cheat is obviously a mistake.

The global 'currency wars' are likely here to stay due to the fine line between legitimate monetary balancing and sometimes self-serving trade manipulation. But these artificial mechanisms lack tangible or lasting value.

There is a phrase in trade theory; it's called "kicking away the ladder." First you violate the rules - the market rules - and then by the time you succeed in developing, you kick away the ladders so others can't do it too, and you preach about "free trade."

The whole legislation of Great Britain, on this subject, has been directed to the one great object of preventing the people of her colonies, and those of independent nations, from obtaining the machinery necessary to enable them to combine their exertions for the purpose of obtaining cloth or iron, and thus compelling them to bring to her their raw materials, that she might convert them into the forms that fitted them for consumption, and then return to the producers a portion of them, burdened with great cost for transportation, and heavy charges for the work of conversion.

As soon as one bad actor like China massively cheats, they win at the expense of us; they win at the expense of Europe and over time it threatens the entire integrity of the global financial system and the global trading system.