K. V. Thomas Quotes

Foreign trade can no longer be dealt with apart from other domestic economic policies and concerns. Governments often employ trade policies less for commercial ends than to achieve other goals- economic, political, and social.

That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.

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.

The United States is already Mexico's largest trading partner.

If we want more trade in the world, we should establish bilateral trade agreements with other democratic countries. That way we can control the decision-making process. The major economic countries of the world will enter into those agreements.

That foreign trade should be fair rather than free.

We aren't leveraging this great economic engine, the strongest economy in the world. And yet we have this totally weak response. We import $500 billion a year more in products than we export.

The goal is to normalize trade relations based on sound science and consumer protection.

I am appreciative of the Bush administration's commitment to fair trade by looking at the facts in this case and ruling affirmatively for the implementation of quotas in this specific category.

President Obama was right to make enforcement of those trade rules a priority and his creation, today, of a Trade Enforcement Unit is a massive step in the right direction.

You can’t have free trade of others don’t play by the same set of rules that our guys play by…. Free trade works if we open our markets and they open theirs.

I intend to be vehement in my enforcement of the [foreign trade] laws. We've got to stop getting rolled.

The WTO [World Trade Organization] has been treated for too long like some private priesthood for experts …

We must have a national tariff policy.

The popular notion is that imports are bad and exports are good.

We are willing to open markets and cut our subsidies if others will, but we won’t do it alone.

After so many historical illustrations of the evil effects of abandoning the policy of protection for that of a revenue tariff, we are again confronted by the suggestion that the principle of protection shall be eliminated from our tariff legislation. Have we not had enough of such experiments?

Mercantilism is based upon the idea that a nation's wealth and security depend upon its ability to regulate and control its external trade at the expense of others.

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

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.

Britain has always been at its most successful when it's a trading nation.

I think India's policy that the openness of trade should be carried through a multilateral process is the right one.

The United States cannot achieve significant economic growth without expanding exports.

Bilateral trade deficits are not evil; historically, better growth in the U.S. economy has led to larger trade deficits.

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