Jennifer Granholm Quotes

The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country.

America wins when we trade and export and import.

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.

Nonetheless, the developing countries must be able to reap the benefits of international trade.

Trade never balances. It hasn’t since 1776.

But, we have had the debate in our country now for a number of years as to whether or not free trade agreements are good for economic growth and economic opportunity in creating jobs and lifting people out of poverty.

Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.

No nation was ever ruined by trade.

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

In the long run, trade works for America.

We are only 5 percent of the world's population and 20 percent of the world's economy. We have to be able to trade in order to grow.

Trump will fail even in his proclaimed goal of reducing the trade deficit, which is determined by the disparity between domestic savings and investment.

We are in a global economy whether we like it or not. And we believe - I believe - that America should be at the table writing the rules of the global economy instead of China.

I believe that trade is essential for economic growth and development around the world, but I also believe that trade is imperfect.

One of the key drivers of Ireland's future is our balance of trade surplus.

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

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

The trade deficit always goes up when the economy is strong and plummets when the economy sinks, as it did during both the Great Depression of the 1930s and the Great Recession of 2008-09.

Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.

The U.S. and China need to take steps - mostly individually, sometimes together - that will have the mutually beneficial effect of supporting and sustaining economic growth.

The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.

Germany is very free-trade oriented.

Now, what produces a want of demand? A refusal to take from other countries the commodities which they produce.

I think bolstering free trade is a boon to the dollar.

Free trade, far from protectionism, is the path that we should take to make Latin America a thriving actor in the global economy.