We are working hard at home and on the international stage to further identify the problems on the horizon and to ensure we reboot trade post-Covid-19.
We have to put Canadian working families first. I'm going to do that, from trade to our own domestic economic response post-COVID.
As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key component to economic recovery; hindering trade is a recipe for disaster.
If the world economy is divided into isolated economic blocs of this kind, it will be rather difficult to achieve the same interpretation and application of international rules of economic activity and world trade.
We need to use economic instruments such as carbon taxes, cap and trade, tax and dividend and whatever else to help incentivize behavior that will move us to a post-carbon, post-animal agriculture world, and make our societies more resilient to the shocks that are already baked into the system. But that doesn't make climate change an "economic issue."
China has made important contribution to the world economy in terms of total economic output and trade, and the RMB has played a role in the world economic development. But making the RMB an international currency will be a fairly long process.
The economic importance of maintaining strong trade relations with our two closest neighbors cannot be overstated. Any decision negatively affecting the free flow of trade from Missouri to Canada and Mexico would have undesirable economic consequences. Thousands of jobs and billions of dollars are at stake.
Freedom of navigation, as ensured by the Navy, is critical to America's ability to project power by moving men and equipment over 70 percent of the earth's surface and to maintaining world trade and commerce.
No good libertarian I know wants us to completely isolate ourselves from the rest of the world. It's not even possible. I mean there are economic ties - there are trade routes that need to be secured. You know international trade can't happen if you don't have open oceans.
Our engagement through international economics, trade, these trade agreements, is vital and is linked to our national security. This is a lesson we learned from the '30s, it is a lesson we learned post-World War II, and it plays to our strengths.
[Economic restrictions] is one of the elements that is destabilising the world economic order that was at one time created largely by the United States itself at the dawn of the General Agreement on Tariffs and Trade that was later transformed into the World Trade Organisation.
What we know is that probably the face of tennis post Covid-19 will not be the same anymore. The economic crisis probably is going to strike us really hard. All the business in general, but also the tennis business.
For the only way in which a durable peace can be created is by world-wide restoration of economic activity and international trade.
Especially amid the COVID-19 pandemic, which has disproportionately impacted tribal communities, we must invest in infrastructure in order to advance economic recovery and create much-needed jobs.
Post-lockdown period, not just shoots, I think the world is going to change in many ways. In shootings, maybe Covid-19 test results will be mandatory, social distancing will be the norm, as will controlling manpower.
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.