M. Farooq Kathwari Quotes

The people who are banking on Oriental trade are bound to be disappointed. The United States cannot compete with foreign countries until we can manufacture products at a lower cost, which means cheaper labor

Donald Trump outsources his ties to China. He outsourced his furniture to Turkey. I know a company in Ohio that could make that furniture in Archibald, Ohio.

Manufacturing all over the world has the benefit of efficiency. That's great. I support it.

Just about everything I own was made in China. Just about everything you own was made in China, too.

As I've written before, China's ability to be the assembly line to the world wasn't where its role in the global economy ended; it was where it began. An ability to make products cheaper than anywhere else gave way to an ability to make high end products more nimbly than anywhere else.

Free trade would place our farmers and workers in competition with peasant and sweated labor products.

We have little of no inflation in manufacturing goods because more and more we buy products from abroad at very cheap prices.

We purchase goods from abroad because they are obviously better or cheaper than the goods we have at home …. It’s basically a choice of the American people of what we want to do with our purchasing power.

Mexican exports worldwide benefit the U.S. economy because of their high percentage of U. S. content.

These days, the manufacturing is controlled by a small number of countries, primarily Taiwan and South Korea.

You're not going to bring back all the jobs from China.

Everyone is concerned about manufacturing in this country.

China is crippling our manufacturing economy and eliminating our jobs by illegally flooding our markets.

Products made in China are cheap through the exploitation of the workforce. Every time we shop, we are driving the nail further into the coffin of American manufacturing jobs.

You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States.

There are supply chains that exist in China and Asia now which the U.S. simply can't replicate.

A lot of the economy is indeed being supplied by goods that are produced offshore. And much of the reason for that is societal.

Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.

America has global trade with plenty of nations that provide inexpensive labor, but it's better for us when they're in our own hemisphere, rather than sending that business halfway around the world.

In the case of Apple, they did originally do production internally, but then along came unbelievably good outsourced manufacturing from companies like Foxconn. We don't have that in the rocket business. There's no Foxconn in the rocket business.

Beneficial in theory, so-called free trade agreements far too often have been detrimental to the United States economy and the manufacturing sector that forms its central pillar.

Foxconn is hugely important, not only in China - it's the largest employer in China - Foxconn is important around the world.

China is investing in factories in Eastern Europe, not because their labor costs are lower, but because they want to be closer to their markets.

The Chinese are no slouches when it comes to capitalism.

When an industry matures, it means it's not advancing, and of course the jobs go overseas. That's the obligation of the multi-national corporation: to put the factory where it can make the widget as cheap as possible. Don't get angry when a corporation does that; we've all bought into this concept. We live in a capitalistic society.