Trade Strategy Quotes

As we were all growing up, there used to be a very big mantra in India which was called 'export or perish.' There was a long period when we used to focus on import substitution.

Going on and getting good bilateral agreement is a better way [than Trans-Pacific Partnership agreements], and I'm fine with that strategy. I think that strategy can work as well.

If we intend to have the trade of the world, … we must be in a capacity of serving all markets and all humours.

I've had lengthy discussions with European farm leaders. It is clear they have an agricultural strategy to support their producers and gain dominance in world agricultural trade. They're gaining markets the old-fashioned way - they're buying them.

Our failed population-centric approach to Afghanistan has only led to missed opportunities, which is why Afghanistan depends on donors for 90% of government revenues. A smarter, trade-centric approach will boost Afghanistan's long-run viability by weaning it off donor welfare dependency.

As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, garments, wigs made with human hair) that used to be its main export items in the 1960s.

Were you a merchant, would you settle yourself in a rich or poor neighborhood? You would not be so blind as to locate yourself among persons who would not be able to purchase your goods. So with nations with whom we trade.

Trade a player a year too early rather than a year too late.

This is where I would lodge my deepest criticisms. We have very whimsically been threatening and then backing off of tariffs. The people who are paying the price for the lack of strategy are North Carolina consumers who are paying more for durable goods and North Carolina farmers who don't have markets today.