A Quote by Maria Bartiromo

What [Donald] has put up for question is this idea of tariffs. Initially, he said if China won't stop taking advantage of us and manipulating their currency, then I will put tariffs in place. That spooked everybody because if you charge China a fee and an extra tariff for anything they bring into the United States, what's going to happen is that companies carrying those goods are going to raise prices. It's going to be expensive for people. People got scared of that, but then he walked that [idea] back. I don't think anybody is expecting heavy tariffs on anything.

Maria Bartiromo

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Maria Bartiromo
American - Journalist
Born: September 11, 1967

When China got into the WTO, that allowed it to sell into any other country within the WTO - not just the United States - at the lowest tariffs that country offered. And the other countries could sell into China at the lowest tariffs that China offered. The problem, right off the bat, was that China had much higher tariffs than everywhere else, so the U.S. and Europe in particular got the short end of that stick.

Peter Navarro

Everybody talks about tariffs as the first thing. Tariffs are the last thing. Tariffs are part of the negotiation. The real trick is going to be increase American exports. Get rid of some of the tariff and non-tariff barriers to American exports.

Wilbur Ross

[China] don't follow the rules and, if they don't, we're going to institute tariffs. When they send something into our country - and, believe me, they're going to obey our rules so quickly, you have no idea. And we'll end up with a better relationship with China than we do now.

Donald Trump

[Donald Trump] basically has said, 'No it's more of a threat than an actual reality.' I do not think we're going to see tariffs put in place, but that would be the worry.

Maria Bartiromo

Tariffs are in the end taxes. And somebody has to pay that tax. I think one thing people are forgetting is that trade disputes are two-sided. When the United States imposes tariffs on a partner like Canada, there is always a possibility that Canada will say that's not fair and retaliate. And at that point, you have to ask the question, - which U.S. industry will suffer because the Canadians retaliated against it?

Greg Ip

One thinks that one is winning when we slap tariffs or introduce barriers to imports from another country, and we think we win. But you lose when you export because the other countries are going to raise tariffs as well. They're going to introduce barriers as well. So you win with one hand and you lose with the other.

Roberto Azevedo

Tariffs would mean prices going up, and customers don't want higher prices.

Joe Kaeser

Thirty-five states have Canada as their largest export market. Let's say we get into a trade war with the United States - hopefully not, but let's say. Many states in the union are going to have trouble and more costs getting their stuff up to Canada. If we make the border a little thicker in terms of tariffs, and hit back, that will start to impact the states, in particular large business interests that are in Canada. And that starts to put indirect pressure on the White House.

Michael Kergin

The idea that you could send agricultural products to Tokyo and Osaka and not pay tariffs, and you would have to pay tariffs sending them to Manchester, is quite hard to fathom in the modern world.

Leo Varadkar

Manufacturing value chains are global. Many U.S.-made goods have foreign components. Slapping on tariffs will raise prices and slow imports, but it will make us poorer and impede growth.

David Autor

I'll also make sure that America has trade relations with China that work for us. I've watched year in and year out as companies have shut down and people have lost their jobs because China has not played by the same rules, in part by holding down artificially the value of their currency. It holds down the prices of their goods. It means our goods aren't as competitive and we lose jobs. That's got to end.

Mitt Romney

The benefits of a tariff are visible. Union workers can see they are "protected". The harm which a tariff does is invisible. It's spread widely. There are people that don't have jobs because of tariffs but they don't know it.

Milton Friedman

In almost every case, whenever a tariff or quota is imposed on imports, that tax is strongly supported by the domestic industry getting the protective shield from lower-priced foreign competition. The sugar industry supports sugar tariffs; textile mills lobby for tariffs on foreign clothing.

Stephen Moore

Threats of trade protectionism, plus unilateral actions on the exchange-rate front, such as the heavy interventions of China, Japan, and Switzerland in the currency markets - not to mention the retaliatory tariffs recently passed by the U.S. House of Representatives - endanger growth prospects and could further depress financial market confidence.

Charles Dallara

We really believe that we can bring about changes in the tax code that will make America more attractive for investment and job creation and business. But the president has also made it very clear that he wants to put - he wants to put new elements in the tax code that are going to have companies pay a price if they decide to take jobs out of the country and then sell their goods back into the United States.

Mike Pence

Donald Trump is not a protectionist. If he imposes tariffs on China or any other country that cheats, all he wants to do is defend America against unfair trade practices.

Peter Navarro

A Quote by Maria Bartiromo

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