A Quote by Wilbur Ross

We're in a trade war. We've been in a trade war for decades. That's why we have the deficit. — © Wilbur Ross
We're in a trade war. We've been in a trade war for decades. That's why we have the deficit.
That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.
A trade war would be a disaster for the world. It's very easy to slip into a trade war.
If a trade deficit is determined solely by rates of savings and investment, then the U.S. trade deficit will be impervious to a get-tough trade policy. Slapping higher tariffs on imports will only deprive foreigners of the dollars they would have earned by selling in the U.S. market.
I think it's very unlikely that we're going to see a trade war between the United States and Mexico because it's in nobody's interest to see a trade war.
This is what Donald Trump understands. This is the trade deficit. We run a trade deficit of close to $800 billion a year.
The very same British and American families who had combined to wreck the Indian textile industry in the promotion of the opium trade [...] combined to make the trade, a valuable source of revenue. In 1864 they joined forces to create causes for war and to promote the terrible War Between the States, also known as the American Civil War.
Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.
As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade.
Trade is the oldest and most important economic nexus among nations. Indeed, trade along with war ha been central to the evolution of international relations.
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.
When you look around now we have the war on terror. Yes, okay, the World Trade Center was sort of like a single act of war, but nothing else has been. We've turned it into war. We're talking about a bunch of semi-lunatic, fanatic criminals. That's the way they should be treated.
The last thing a Trump administration plans is a trade war. The issue simply is getting a decent trade deal with each of the major trading partners.
We're going to fix [trade deals].You know, last year [2015] we lost almost $800 billion in trade deficits. We have trade deficit with other nations of almost $800 billion.
I would like to believe that TPP will lead to more exports and jobs for the American people. But history shows that big trade agreements - from NAFTA to the Korea Free Trade Agreement - have resulted in fewer American jobs, lower wages, and a bigger trade deficit.
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.
In every trade save war men of talent and vigor prosper. In war they die.
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