A Quote by Wilbur Ross

The E.U., China, and Japan all talk free trade, and they all practice protectionism.

Wilbur Ross

Quote Topics

China Free Free Trade Japan Practice Protectionism Talk Trade

Quote Author

Wilbur Ross
American - Businessman
Born: November 28, 1937

China is the most protectionist country of the very large countries. They talk more about free trade than they actually practice.

Wilbur Ross

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

China are running trade deficits with the rest of the world. If you look at the U.S. trade deficit, it's close to $800 billion trade in goods. Half of that is with China, so it's a big part of the problem. And the problem with China, as opposed to, say, Canada, is that China cheats.

Peter Navarro

Japan became an imperialist country in many ways, but that was much later, after it had already made big progress. I don?t think Japan?s wealth was based on exploiting China. Japan?s wealth was based on its expansion in international trade.

Amartya Sen

Protectionism is a misnomer. The only people protected by tariffs, quotas and trade restrictions are those engaged in uneconomic and wasteful activity. Free trade is the only philosophy compatible with international peace and prosperity.

Walter Block

We have to be vigilant against protectionism and be constantly making the argument for free trade.

Andrew Scheer

Three year sof unconditional MFN have not lead to any subtantial improvement in human rights, trade and nuclear proliferation practice of the Chinese government. In addition to the trade barriers, China has marred our trade relationship wit prison labor or export and other unfair trade practices.

Nancy Pelosi

Japan used to beat China routinely in wars. You know that, right? Japan used to beat China, they routinely beat China. Why are we defending? You know the pact we have with Japan is interesting. Because if somebody attacks us, Japan does not have to help.If somebody attacks Japan, we have to help Japan.

Donald Trump

The message from history is so blatantly obvious - that free trade causes mutual prosperity while protectionism causes poverty - that it seems incredible that anybody ever thinks otherwise. There is not a single example of a country opening its borders to trade and ending up poorer.

Matt Ridley

In 1853, American warships bullied Japan out of centuries of virtual isolation and into the modern world. The threat of force compelled Japan, like India and China before it, to accept trade agreements that were economically ruinous and eroded national sovereignty.

Pankaj Mishra

Free trade, far from protectionism, is the path that we should take to make Latin America a thriving actor in the global economy.

Enrique Pena Nieto

Revolutionary war is an antitoxin that not only eliminates the enemy's poison but also purges us of our own filth. Every just, revolutionary war is endowed with tremendous power and can transform many things or clear the way for their transformation. The Sino-Japanese war will transform both China and Japan; provided China perseveres in the War of Resistance and in the united front, the old Japan will surely be transformed into a new Japan and the old China into a new China, and people and everything else in both China and Japan will be transformed during and after the war.

Mao Zedong

We have trade with China. We lose hundreds of billions of dollars a year on trade with China. They know how I feel. It's not going to continue like that. But if China helps us, I feel a lot differently toward trade. A lot differently toward trade.

Donald Trump

Let me be a free man, free to travel, free to stop, free to work, free to trade where I choose, free to choose my own teachers, free to follow the religion of my fathers, free to talk, think and act for myself — and I will obey every law or submit to the penalty.

Chief Joseph

America has hundreds of billions of dollars of losses on a yearly basis - hundreds of billions with China on trade and trade imbalance, with Japan, with Mexico, with just about everybody. We don't make good deals anymore.

Donald Trump

We will trade freely with free nations and not spend our time chasing trade deals with predatory countries like communist China.