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If trade deficits are good, why is China so pleased that they run a huge trade surplus? It’s perfectly obvious that if China hadn’t been such a huge net-exporter, it never would have grown at the rate that it did.

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Wilbur Ross

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I think there’s a big difference between the impact of trade agreements on corporate America and the impact on Mr. and Mrs. America. Corporate America has adjusted to them by investing lots of capital offshore… What we’re doing is we’re exporting jobs and importing products instead of exporting products and keeping jobs.

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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.

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June 13, 2024

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.

Previous

June 13, 2024

I think there’s a big difference between the impact of trade agreements on corporate America and the impact on Mr. and Mrs. America. Corporate America has adjusted to them by investing lots of capital offshore… What we’re doing is we’re exporting jobs and importing products instead of exporting products and keeping jobs.

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