Currency Exchange Rates Quotes

By definition, by reducing our trade deficit we will be hurting consumers. Consumers are always better off with a trade deficit.

Different countries have different kinds of financial structures.

If you interview world leaders, everybody will say they are for free trade. But what they mean by it and what they do when they say they are pro free trade, you have to watch and see.

We can pretend that China is not there. But China is there, and unless we put our economy on the right track, it is going to overwhelm us completely.

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

The Putin regime's income comes from oil and gas exports. If we could crash the price of these commodities, we could bankrupt the regime.

If trade deficits are good, why is China so pleased that they run a huge trade surplus? It's perfectly obvious that if China hadn't been such a huge net-exporter, it never would have grown at the rate that it did.

The problem started before World War I. The gold standard was working fairly well. But it broke down because of the war and what happened in the 1920s. And then the U.S. started to become so dominant in the world, with the dollar becoming the central currency after the 1930s, the whole world economy shifted.

We do not attract Russian money to Luxembourg with high interest rates.

All Americans should be concerned about the potential for China to replace the United States as the most important economy in the world.

Before we move forward with new efforts to lower the barriers to international free trade, we must review the consequences of the policies of the past and address the problems of the present.

Is it okay for a U.S. bank to pay a U.S. banker but not a U.K. bank to pay a U.S. banker?

A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.

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

With open markets, the nation's trade deficit with China would shrink as we export more natural gas and agricultural products and as China's consumers could afford to buy their preferred 'Made in America' products.

An all-out trade war with China would be damaging to Disney's business and to business in general. It's something I think we have to be very careful about.

Trump has said he will dismantle the North American Free Trade Agreement. This would be hugely harmful for Canada and the U.S. and for integration in the region.

The economic situation, the high cost of undertaking manufacturing, the supply chain - which is, by the way, dying out also as manufacturing undergoes hardship - make the U.K. not the first place you would look at to make a manufacturing investment.

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem.

Until the Fed dumps inflation targeting and the U.S. abandons its weak-dollar policy, inflation will rule the day.

the immense importations of foreign agricultural produce have been vastly in excess of what the increased demands of our population actually require, and that is why the low prices are maintained...That is to a great degree the cause of this depression.

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

Globalisation has powered economic growth in developing countries such as China. Global logistics, low domestic production costs, and strong consumer demand have let the country develop strong export-based manufacturing, making the country the workshop of the world.

This country needs to get a backbone and stand up for its economic interest.

Every organized human society has sought to manipulate trade to its advantage.