International Trade Regulations Quotes

To prohibit the Exportation of Money, in that it is a thing almost impracticable, it is almost nugatory and vain.

Maybe it is the last chance for Europe to influence standards for world trade. Next it will be between the US and the Asia-Pacific region.

For 60 years, since World War II, we have been trying to create a rules-based system, a global economic system. We understand that what makes our economy function is what we call the rule of law, and what is true domestically is also true internationally. It is important to have rules by which we govern our relations with other countries.

the most powerful bodies in the world, the World Trade Organization, the World Bank, and the International Monetary Fund, are also the least democratic and inclusive.

[Economic restrictions] is one of the elements that is destabilising the world economic order that was at one time created largely by the United States itself at the dawn of the General Agreement on Tariffs and Trade that was later transformed into the World Trade Organisation.

My administration is going to enforce all trade violations against any country that cheats.

It's clear now that Donald Trump and his administration doesn't want the start a trade war. What we are seeing is a very careful and meticulous review of all the tools they have available and to use those to start bringing cases against countries under existing law that they think are unfair.

As soon as one bad actor like China massively cheats, they win at the expense of us; they win at the expense of Europe and over time it threatens the entire integrity of the global financial system and the global trading system.

China is illegally dumping steel in the United States and Donald Trump is buying it to build his buildings, putting steelworkers and American steel plants out of business. That's something that I fought against as a senator and that I would have a trade prosecutor to make sure that we don't get taken advantage of by China on steel or anything else.