Absent some international interruption, there’s no real justification for oil being more than $90 or $100 a barrel. Wilbur Ross Read Quote
I’m a very big proponent of cloud. We’ve used it a lot in private sector, and as far as we can tell, it is not only more efficient, it’s probably also more secure for lots of very complicated technical reasons. I think it’s a very important thing for government to do, and also to have systems that talk to each other. Wilbur Ross Read Quote
Everybody talks about tariffs as the first thing. Tariffs are the last thing. Tariffs are part of the negotiation. The real trick is going to be increase American exports. Get rid of some of the tariff and non-tariff barriers to American exports. Wilbur Ross Read Quote
Mexico has 44 treaties with other countries that make it very advantageous to do international shipping from Mexico rather than from the United States. Believe it or not, Mexico has better treaties with the rest of the world than the United States does. Wilbur Ross Read Quote
Ships are a strange kind of commodity because they’re very lumpy, very big individual units, but they’re commodities. Wilbur Ross Read Quote
Each weekend I play at least one and maybe two sets of tennis a day. My doubles team was in the finals recently at my tennis club in Palm Beach and lost a tiebreaker after a three-hour match. I must confess, by the end of the three hours, I was relieved it was over. Wilbur Ross Read Quote
The fundamentals are the U.S. is going to end up being a net exporter of natural gas. That’s going to be wonderful to help our balance of payments, reduce our dependence on a lot of countries that aren’t so crazy about us, and change many, many parts of what goes on here. Wilbur Ross Read Quote
There is no evidence that more regulation makes things better. The most highly regulated industry in America is commercial banking, and that didn’t save those institutions from making terrible decisions. Wilbur Ross Read Quote