A Quote by Xavier Becerra

Today, we have a trade regime which has led to the largest trade deficits this country has ever experienced.

Xavier Becerra

Quote Topics

Country Deficits Ever Experienced Largest Led Regime Today Trade Trade Deficit Which

Quote Author

Xavier Becerra
American - Politician
Born: January 26, 1958

Bilateral trade deficits are not evil; historically, better growth in the U.S. economy has led to larger trade deficits.

Neil Bush

We've been the foolish country for so long with this free trade, but it's not free trade because it's - you know, just doesn't work. I mean, it's not working. You look at the deficits we have.

Donald Trump

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.

Ron Wyden

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.

Wilbur Ross

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.

Ron Wyden

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.

Donald Trump

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

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.

Erna Solberg

We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U.S. industry and ratchet down wages, in the name of free trade.

Robert Kuttner

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.

William M. Daley

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.

Peter Navarro

Americas largest trade deficit is with China, a nation that enjoys Permanent Normal Trade Relations with the U.S. and ties its currency to the dollar to make it a more competitive trading partner.

Jo Ann Emerson

If trade deficits are good, why is China so pleased that they run a huge trade surplus? It's perfectly obvious that if China hadn't been such a huge net-exporter, it never would have grown at the rate that it did.

Wilbur Ross

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.

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.