Quotes About Trade

NAFTA is a trilateral agreement, and it would make a lot of sense to have trilateral discussions.

Let me first clarify that NAFTA is a trilateral agreement. The decision of walking away is not of Mexico or Canada. The decision of walking away is of the U.S.

A scenario without NAFTA is something we have to think about.

If NAFTA goes away, it's not the end of the world. It certainly is not the end of trade between Mexico and the United States.

We have to find common grounds. NAFTA is 22 years old. We need to modernize it.

Obviously, what we had under the original NAFTA was very good. Canada prospered greatly from it.

My grandfather was the architect behind NAFTA, and that has created so much economic opportunity, not only in our country, but in Latin America.

Ah, the first NAFTA was really, had a lot of disastrous elements for Canada's environment.

But for labor groups, there is no debate: Nafta hurt American jobs and household earnings.

I do think a carpenter needs a good hammer to bang in the nail.

The reason CAFTA should be enacted is not economic benefits: it is national security.

Trade is part of our national security.

Economic nationalism is what this country was built on. The American system.

Commerce changes the fate and genius of nations.

If high-wage, high-cost nations like Germany and Japan can compete on exports, California can.

only three corporations—Cargill, Archers Daniel Midland Company, and Bunge (all American)—control 90 percent of the global grain trade.

China now spends more money each year importing chips than it spends on oil.

Integrated circuits made up 15 percent of South Korea's exports in 2017; 17 percent of Singapore's; 19 percent of Malaysia's; 21 percent of the Philippines'; and 36 percent of Taiwan's. Made

billion in 2017, the year of Xi's Davos debut—was far larger than Saudi Arabia's export of oil

staggering. China's import of chips—$260 billion in 2017, the year of Xi's Davos debut—was far larger than Saudi Arabia's export of oil or Germany's export of cars. China spends more money buying chips each year than the entire global trade in aircraft. No product is more central to international trade than semiconductors.

China had driven U.S. solar panel manufacturing out of business. Couldn't it do the same in semiconductors? "This

China as the central challenge, condemning "unfair trade practices and massive, non-market-based state intervention" and cited "new attempts by China to acquire companies and technology based on their government's interest—not commercial objectives

China now spends more money each year importing chips than it spends

Integrated circuits made up 15 percent of South Korea's exports in 2017; 17 percent of Singapore's; 19 percent of Malaysia's; 21 percent of the Philippines'; and 36 percent of Taiwan's. Made in China 2025 called all this into question. At stake was the world's most dense network of supply chains and trade flows, the electronics industries that had undergirded Asia's economic growth and political stability over the past half century.