Trade wars aren't started by countries appealing to respected, independent trade authorities. Rather, trade wars begin when one country decides to violate international trade rules to undercut another country's industries.
Trade wars arent started by countries appealing to respected, independent trade authorities. Rather, trade wars begin when one country decides to violate international trade rules to undercut another countrys industries.
Almost all wars, perhaps all, are trade wars connected with some material interest. They are always disguised as sacred wars, made in the name of God, or civilization or progress. But all of them, or almost all of the wars, have been trade wars.
For a small country like Norway, it's important for our ability to trade and to invest across borders that we have fair trade and that we have multilateral trade systems, also.
Yes to trade, but trade that ensures that these other countries that trade with us aren't engaging in child labor.
You mentioned the Free Trade Agreement and yes I can't tell you how pleased we are that Morocco is one of the countries that our country is going to begin negotiating a Free Trade Agreement with.
If China is helping its domestic industries charge an artificially low price for solar panels and other environmental goods, then China is violating international trade rules that it agreed to when it became a member of the World Trade Organization.
The Donald Trump trade doctrine is this. America will trade with any country, so long as that deal meets these three criterion: You increase the GDP growth rate, you decrease the trade deficit, and you strengthen the manufacturing base.
That means we get other countries to play by our rules. You add up all the countries that we have trade agreements with, we have a surplus with them. You add up the countries we do not have a trade agreement with, that`s where a massive trade deficit comes from. So our goal is to get free trade agreements, and that means we get other countries to play and live by our rules so we can level the playing field.
Canada and the United States are also working at the World Trade Organization and in our own hemisphere with negotiations for a Trade Area of the Americas to try to help countries create a positive climate for investment and trade.
Our country is in serious trouble. We don't win anymore.We don't beat China in trade. We don't beat Japan, with their millions and millions of cars coming into this country, in trade. We can't beat Mexico, at the border or in trade.We can't do anything right. Our military has to be strengthened. Our vets have to be taken care of. We have to end Obamacare, and we have to make our country great again, and I will do that.
There is a phrase in trade theory; it's called "kicking away the ladder." First you violate the rules - the market rules - and then by the time you succeed in developing, you kick away the ladders so others can't do it too, and you preach about "free trade."
The United States is the least protectionist country in the world but has the largest trade deficit, while other countries are highly protectionist and have huge trade surpluses. This cannot continue.
[Barack] Obama, for example, he has not given up on cap-and-trade. Now, he has not been able to pass cap-and-trade, but cap-and-trade is all about redistribution of wealth in a global basis - taking money out of this country and giving it to third-world countries on the other end of the ocean. And that is redistribution of wealth in a global basis. It's fundamental Marxism.
I believe in free trade. I don't support regulating trade prices between different regions. Our point of view is we don't want trade barriers between different countries.
Today, we have a trade regime which has led to the largest trade deficits this country has ever experienced.
People intuitively know that trade is good for our country. We just have to get the right trade agreements.