Trade Surpluses Quotes

People tend to think about trade as if it's competition between companies - if Apple wins, Google loses. But that's false. Trade makes nations better off in general. Now, I want to be clear. I'm not saying that everything about trade is good and beneficial. Trade also has costs.

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

While protectionism doesn’t work, pure free trade doesn’t work either.

A single economy makes the constant adjustments necessary to facilitate trade impossible.

The laws of trade must be the great teacher.

It's not unreasonable to imagine that, at least as we're in a transition to a world economy, it's still necessary now to pay attention to how our country is doing economically in comparison with other countries.

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.

To achieve a more balanced international system over time, countries with excessive and unsustainable trade surpluses will need to allow their exchange rates to better reflect market fundamentals.

Free trade is good for all countries but not necessarily good for all peoples in all countries.

For our part, the U.S. government has an obligation to aggressively pursue every opportunity to expand trade, boost the economy, and create well-paid jobs here at home.

Free trade is opposed by most people who call themselves “free traders”.

The closest we can come to free trade is illuminating the barriers to free trade.

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.

In all free trade agreements there are winners and losers.

It is the system now called free trade that tends to the destruction of commerce, as is shown wherever it obtains.

Every Republican president starting with Lincoln - and for almost 100 years thereafter - generally supported tariffs, while Democrats tended to promote free trade.

Foreign trade clearly has been a reason why inflation has been low.

Hillary Clinton can't tell a good trade deal from bad one.

More than any other issue, economists have kind of been boosters for trade.

Free trade is a two way street.

Our nation's attitudes toward trade have been shaped by the evolving struggle over who has been helped and who has been disadvantaged by trade policy as our economy has developed.

Maintaining confidence in international trade will be critical to the broader economic recovery in the post-Covid world.

We will see a different trade policy coming out of here, and I'm convinced of it. I wouldn't be supporting Hillary Clinton if I didn't believe that.

I don't believe Trump or Cruz are fair traders. I think they are probably both free traders.

… what is called free trade, foolishly by some and wickedly by others.