Words matter. These are the best Tariff Quotes from famous people such as Ron Wyden, Barry Gardiner, Elaine Chao, Michael Spence, Richard Shelby, and they’re great for sharing with your friends.
Because of the Korean free trade agreement, South Koreans who want Oregon blueberries are gonna see their prices go down because we will be getting rid of a 45 percent tariff on this Oregon product.
The Tories must stop focusing on their ideological obsession with a hard Brexit and their internal party divisions and start focusing on what is best for our country and our economy. Their absurd proposal that the U.K. should become the E.U.’s tariff collector is neither practical nor palatable across the Channel.
Smoot and Hawley ginned up The Tariff Act of 1930 to get America back to work after the Stock Market Crash of ’29. Instead, it destroyed trade so effectively that by 1932, American exports to Europe were just a third of what they had been in 1929. World trade fell two-thirds as other nations retaliated. Jobs evaporated.
On their own, tariff and trade barriers, if viewed as transitory negotiating tactics, will not significantly change global investment patterns or the structure of global supply chains and employment.
A lot of people believe, and I do at times, that some of our trade agreements are lopsided, and we’ve got to look at them. But that doesn’t mean that we’re going to put a tariff on everything.
As it is, the grotesque distortions of the global market mean that for every dollar the West dispatches to Africa in the form of aid, two dollars are clawed back through subsidies and tariff barriers: a monumental rip-off by the rich as they instruct the poor to accept ‘free’ trade or else.
A weaker currency is a national tariff. After we get a weaker currency, we have to take advantage of that. Or else, we will waste it once more in inflation and in the inability to raise competitiveness.
There is no man more dangerous, in a position of power, than he who refuses to accept as a working truth the idea that all a man does should make for rightness and soundness, that even the fixing of a tariff rate must be moral.
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.
John Quincy Adams ranks with Jimmy Carter on the roster of ex-presidential redemption. Instead of completing a biography of his father, he let himself be elected to the House, where he spent nine terms in Whiggish opposition to the Democrats, supporting a national bank and a protective tariff and internal improvements.
I read the book with interest, but when Jackson was a candidate in 1828 for the Presidency, I opposed him and voted for Adams. I favored a protective tariff.
In 1833, protection was abandoned, and a tariff was established by which it was provided that we should, in a few years, have a system of merely revenue duties.
The biggest trade that Germany and Britain had was with each other, in the prewar period; I think I’m right in that. Two highly industrialized nations had the most trade with each other, and it wasn’t tariff policies alone that made trade relations better for both of them.
Many economists and industry experts agree that the United States faces unfair competition and artificially low prices that have damaged the domestic steel industry. But they don’t agree that a tariff is the right approach for addressing the problem.
As history has repeatedly proven, one trade tariff begets another, then another – until you’ve got a full-blown trade war. No one ever wins, and consumers always get screwed.
We must be out of the protectionist common external tariff, which mainly protects inefficient E.U. industries at the cost to British consumers.
I am a tariff man, standing on a tariff platform.
I believe if we simplify the process of tariff-fixing with lesser tariff slabs and rationalise the process, it will reduce corruption, and simultaneously, it will enable supply of adequate and cheap power to the poor as well as to farmers.
In almost every case, whenever a tariff or quota is imposed on imports, that tax is strongly supported by the domestic industry getting the protective shield from lower-priced foreign competition. The sugar industry supports sugar tariffs; textile mills lobby for tariffs on foreign clothing.
Wind developers have realised the importance of transparent method of price discovery, which was demonstrated in the solar sector. They realise that bidding brings in efficiency, and tariff is right-sized.
For me, representing India, as much as I can give, I need reciprocal things to be given to me. If I am willing to offer tariff concessions on goods, I want something to be offered by them to boost India’s services.
Every increase of protective duties is necessarily followed, in the present condition of our country, by an expansion of the currency, which must continue to increase till the increased price of production, caused by the expansion, shall be equal to the duty imposed, when a new tariff will be required.