A Quote by Wilbur Ross
China is the most protectionist country of the very large countries. They talk more about free trade than they actually practice.
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Basically, the myth is that America has been founded on the free market; the government has done very little; it has thrived under free trade. But actually, if you look at the history, this is actually the country that has succeeded most with protectionist policies.
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.
The E.U., China, and Japan all talk free trade, and they all practice protectionism.
Most people believe that inequality is rising - and indeed it has been rising for a while in a number of rich countries. And there is lots of talk and realization of this. It's harder to understand that at the same time, you can actually have global inequality going down. Technically speaking, national inequality can increase in every single country and yet global inequality can go down. And why it is going down is because very large, populous, and relatively poor countries like India and China are growing quite fast.
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.
We will trade freely with free nations and not spend our time chasing trade deals with predatory countries like communist China.
It's not a free trade agreement. It has virtually nothing to do with free trade... It's a protectionist agreement; it's anti free-trade.
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.
China's productive system draws upon the other East Asian countries to a great extent. The volume of trade is much larger than the net amount being exported from China. China needs substantial reserves to finance all that.
China, the world's most populous country, 1.3, 1.4 billion people, will in the next decade or so have to begin looking for people outside of China.What does this mean? China will have to become a much more welcoming society. It means that China will have to attract immigrants from other countries in order to slow the aging of the population.
Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries. Already established countries do not want more competitors emerging through the nationalistic policies they themselves successfully used in the past.
We have to fundamentally rethink our trade policy and make it work not for the CEOs of large corporations, but for working people. So, if Trump wants to develop a rational trade policy which demands corporations start investing in this country, rather than China, that's something that we can work on.
The economy is very sick. We're losing our jobs to China to Japan to every country. We're making horrible trade deals. We are losing jobs in this country. Hundreds and hundreds of thousands of jobs are being lost. And part of the reason is our taxes are so high in this country. I'm also cutting, you know they don't talk about that.
Too many countries that do not play by the free trade rules of the World Trade Organization - including, notably mercantilist China and monopolist Saudi Arabia - have been allowed in, to the detriment of both the WTO and the liberal trading environment it is supposed to sponsor.
I know something about trade agreements. I was proud to help President Clinton pass the North American Free Trade Agreement in 1993 and create what is still the world's largest free-trade area, linking 426 million people and more than $12 trillion of goods and services.
I talk with countries, whether it's the Arab states or in the Middle East, and they talk about how they're glad to see us fighting against Iran. I talk with different countries in reference to Syria, and we talk about how we can get the Iranian influence out. We're talking about North Korea and what we need to do and the pressure we need to put on China. They're happy that we're finally beating up on Russia for what they've done in the Ukraine.
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