Alan Greenspan Quotes

A form of protectionism should be enforced at national level, at least on strategic areas such as agriculture.

Protectionism is the institutionalization of economic failure.

When Donald Trump was first elected, there was a lot of fear of a trade war. They listened to Trump's rhetoric on the campaign. Oh, we're going to put a 45 percent tariff on China, a 35 percent tariff on Mexico. We haven't seen any of that.

The United States can't keep a completely open system if the rest of the world is less open. The United States may have to take a leaf out of the book of Japan, China, and Germany, and have protectionism inside the system.

Barack Obama is an economic patriot.

Protectionism is the fool's gold of American politics.

The arguments for protection are more easily made attractive than those for free trade.

A protective tariff would be collected only from those whose pride, whose abundance of means, prompts them to spurn manufacturers of our own country ...

Leaving the E.U. will enable the U.K. to undertake a major campaign for import substitution.

Ronald Reagan, Bill Clinton, George W. Bush, and Barack Obama all used temporarily targeted tariffs on specific industries.

Consider trade protectionism. It's been tried - and found wanting - since the Great Depression.

The problem with tariffs is they shift higher costs onto the backs of non-protected industries and consumers.

Ask anybody on Main Street whether it makes any sense to allow foreign countries to charge higher tariffs than we charge them, and the answer will surely be a resounding 'heck no!'

What you do is you say, fine, you want to go to Mexico or some other country, good luck. We wish you a lot of luck. But if you think you're going to make your air conditioners or your cars or your cookies or whatever you make and bring them into our country without a tax, you're wrong.

I worry about protectionists, which is another way of saying less competition, less trade around the world. And I view those as twins of negativity.

I'm not a free trader, but I am a free trader, but I'm also a fare trader and a smart trader. I want to make sure that the United States gains something. So I think you would probably agree.

I'm not talking about autarky. I'm not crazy. We need an intelligent protectionism.

America is being absolutely devastated with bad trade deals.

Our country was built, to a large extent, on protecting our manufacturers. If you go back to Jefferson, you go back to all of these great, great people that ran the United States properly, it was really based on a certain form of tariff and a certain form of protection. We're just the opposite now.

[Donald Trump rhetoric]this is a common rhetorical line used by people who are against free trade that say, we're in favor of trade; we just don't like any of the free trade deals that America has actually signed onto.

The US does not observe the free-trade principles. Those are for the weak. So agribusiness is highly subsidized and pours product into Mexico and drives out Mexican farmers. Maybe they have to go into the cities, and they don't have jobs to support them, so they flee across the border.

I believe in the protective tariff and the protective tariff policy of our country.

Free trade is hard to sell politically.

Protectionism is something that will hurt everybody, but especially the United States.

There are some who want to move us back to the days when we were protectionists and keep all goods off our shores.