Words matter. These are the best Trade Deficit Quotes from famous people such as Marcy Kaptur, Martin Feldstein, A. P. J. Abdul Kalam, Xavier Becerra, David Korten, and they’re great for sharing with your friends.
In fact, our monthly trade deficit figure is so huge it equals the entire annual budget of our Department of Veterans Affairs. Veterans fought to make us free from foreign tyranny, but the new tyranny is taking a different form.
To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world.
India’s trade deficit is because of excess of import over exports.
We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair.
Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.
The trade deficit is the capital surplus and don’t ever think of having a capital surplus as being a bad thing for our country.
Every dollar a foreigner spends over here directly subtracts a dollar from the trade deficit.
The far more likely Trump scenario is this: Chinese leaders realize they no longer have a weak leader in the White House; China ceases its unfair trade practices. America’s massive trade deficit with China comes peacefully and prosperously back into balance, and both the U.S. and Chinese economies benefit from trade.
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.
I’ve never been able to get it straight about what these people who are worried about the trade deficit are worried about.
The more competitive value of the dollar turned around the trade deficit.
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.
The Japanese, despite the trade deficit and their ability to build fabulous automobiles, still think that a guy in a monster suit is all that is needed for a monster movie.
Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.
Years of passivity and drift among U.S. policymakers have allowed the U.S. – China trade deficit to grow to the point where is widely recognized as a major threat to our economy.
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.
Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit.
