American - Businessman | November 28, 1937 -
I believe if we and the Mexicans make a very sensible trade agreement, the Mexican peso will recover quite a lot.
Wilbur Ross
BelieveWillI BelieveMexicanTrade
The rules of origin in NAFTA need some tightening. Rules of origin are what let material outside of NAFTA to come in and benefit from all the taxes and tariff reductions within NAFTA.
RulesOutsideNeedTaxesWithin
The whole idea of a trade deal is to build a fence around participants inside and give them an advantage over the outside. So there's a conceptual flaw in that, one of many conceptual flaws in NAFTA.
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In many critical things, such as the very high purity of the aluminium we need in aerospace, we only have one producer. That's not a good formula.
GoodNeedProducerPurityHighOnly
There are deep value opportunities in insurance stocks, which were beaten down because of their exposure to the subprime crisis, annuities, and commercial real estate.
ValueReal EstateOpportunitiesDeep
I still like TIPS (Treasury inflation-protected securities), and I think a big opportunity is coming in the municipal bond market.
OpportunityBondThinkComingBig
We're in a trade war. We've been in a trade war for decades. That's why we have the deficit.
WarWhyTradeBeenDecadesDeficit
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.
GoodRunWhyNeverChinaTrade
The E.U. is one of our largest trading partners, and any negotiations legally must be conducted at the E.U. level and not with individual nations.
IndividualLevelMustPartnersOur
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