A Quote by Christopher A. Wray
In pursuit of their commercial ambitions, Huawei relied on dishonest business practices that contradict the economic principles that have allowed American companies and the United States to thrive.
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The United States and our allies will not prevent countries from doing business with Chinese companies like Huawei on the basis of security concerns alone, though there are a number of them. We must provide an alternative service or product that is better, more secure and less costly. We need to respond by out-innovating our opponent.
During the 1990s the United States sought to impose the 'Washington Consensus' on Latin American governments. It embodied what Latin Americans call 'neo-liberal' principles: budget cuts, privatization, deregulation of business, and incentives for foreign companies. This campaign sparked bitter resistance and ultimately collapsed.
Under the Foreign Corrupt Practices Act, a company is not allowed to provide a personal benefit to a decision maker in return for business. But hiring the sons and daughters of powerful executives and politicians is hardly just the province of banks doing business in China: it has been a time-tested practice here in the United States.
In those countries where income taxes are lower than in the United States, the ability to defer the payment of U.S. tax by retaining income in the subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. Many American investors properly made use of this deferral in the conduct of their foreign investment.
The potential of Mexico, Canada and the United States is enormous. We have a combined population of half a billion people; peaceful trade-friendly borders that are the envy of the world; the prospect of energy independence is within reach and will change the geopolitical situation of United States; we do a trillion dollars in trade among the three countries; more than 18,000 American companies are involved in foreign direct investment in Mexico and Canada; an increasing number of Mexican companies are creating jobs in the United States.
We are conscious of the need to maintain good relations with the United States. We have a border of more than 3,000 kilometers; more than 12 million Mexicans live in the United States. It is our main economic-commercial partner.
American exceptionalism is grounded in the founding of the United States upon an idea, rather than upon the ambitions of men.
In pursuing economic growth, India and the United States share similar values and similar challenges. We understand that the global economy is here to stay. To keep growing and leading the world in innovation and opportunity, the United States and India must trade freely, openly, and according to the principles of the global marketplace.
Chinese companies - telecommunications and technology companies - are some of the best internationally. Taobao, WeChat, Huawei - not only are they large companies, but they're also very technologically advanced.
The commercial paper market, when that dries up, you know, that's just like sucking the blood out of the economic body of the United States.
As economic globalization gathers momentum, China and the United States have become highly interdependent economically. Such economic relations would not enjoy sustained, rapid growth if they were not based on mutual benefit or if they failed to deliver great benefits to the United States.
If a financial institution has business operations in the United States, hires people in the United States, if they are clogged with illiquid assets, they have the same impact on the American people as any other institution.
United States forces have always relied on local allies to accomplish military and diplomatic missions and will need this support in the future. But why would anyone agree to help the United States if we have a record of breaking our promises and abandoning those who assist us?
They [the Soviets] intend...to induce the Americans to adopt their own 'restructuring' and convergence of the Soviet and American systems using to this end the fear of nuclear conflict.... Convergence will be accompanied by blood baths and political re-education camps in Western Europe and the United States. The Soviet strategists are counting on an economic depression in the United States and intend to introduce their reformed model of socialism with a human face as an alternative to the American system during the depression.
United States has always been very close to Africa and it's very sad now to see that Africa has a lot more friends - a lot more engagements with the Chinese, with the Indians, with the Brazilians as the United States retreats. Actually, Africa is a wonderful place to do business and American business is missing a big opportunity by really overlooking Africa.
Amid credible national security concerns related to Huawei, ZTE, and other 5G firms, we must take concrete steps to protect the privacy and data of American consumers and companies.
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