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Many of our banks have lent money to Brazil, and some of those loans may not look so good today after the devaluation as they did before. so banks will be hurt, or some banks will be hurt and the stockholders in those banks will be hurt. - Gary Hufbauer Quotes

Many of our banks have lent money to Brazil, and some of those loans may not look so good today after the devaluation as they did before. so banks will be hurt, or some banks will be hurt and the stockholders in those banks will be hurt.

While she has an exemplary career, she doesn't have the political weight that Portman had. - Gary Hufbauer Quotes

While she has an exemplary career, she doesn't have the political weight that Portman had.

Four or five years ago, the U.S. was very much in the mode of urging other countries to abide by decisions, but the shoe is on the other foot now. The U.S. is on the defensive on a number of these cases. - Gary Hufbauer Quotes

Four or five years ago, the U.S. was very much in the mode of urging other countries to abide by decisions, but the shoe is on the other foot now. The U.S. is on the defensive on a number of these cases.

A comprehensive trade agreement would take the downward pressure off not only for American producers but for other countries as well, - Gary Hufbauer Quotes

A comprehensive trade agreement would take the downward pressure off not only for American producers but for other countries as well,

With $4 billion at stake, you would fight to the last, ... has been a poison for U.S.-Canada relations?. That is what the Byrd amendment has generated. - Gary Hufbauer Quotes

With $4 billion at stake, you would fight to the last, ... has been a poison for U.S.-Canada relations?. That is what the Byrd amendment has generated.

That will mean Canada for lumber, and Latin America also has a lot of the most relevant supplies that are needed in the United States, ... There will be tariff relief. - Gary Hufbauer Quotes

That will mean Canada for lumber, and Latin America also has a lot of the most relevant supplies that are needed in the United States, ... There will be tariff relief.

It's your normal negotiating side payment. - Gary Hufbauer Quotes

It's your normal negotiating side payment.

Korea is a very protected economy. It will be a fight in this country and in South Korea to get it ratified. - Gary Hufbauer Quotes

Korea is a very protected economy. It will be a fight in this country and in South Korea to get it ratified.

It's not an innovation problem; it's more a matter of production. - Gary Hufbauer Quotes

It's not an innovation problem; it's more a matter of production.

U.S. multinationals are still spending most of their R&D dollars here in the U.S. -- about 90 percent. It could shift, but it has not shifted yet. Where the link is weaker that just because a firm does its R&D here by no means means it's obligated to do its production in the U.S. - Gary Hufbauer Quotes

U.S. multinationals are still spending most of their R&D dollars here in the U.S. -- about 90 percent. It could shift, but it has not shifted yet. Where the link is weaker that just because a firm does its R&D here by no means means it's obligated to do its production in the U.S.

The rhetoric will be stepped up on trade. - Gary Hufbauer Quotes

The rhetoric will be stepped up on trade.

The U.S. oil companies have a lot of clout but they are up against a formidable set of farm senators. A pretty strong lobby in the farm sector says we should hold off (lifting the duties). - Gary Hufbauer Quotes

The U.S. oil companies have a lot of clout but they are up against a formidable set of farm senators. A pretty strong lobby in the farm sector says we should hold off (lifting the duties).

From the U.S. standpoint, this should be a fairly easy deal to negotiate. - Gary Hufbauer Quotes

From the U.S. standpoint, this should be a fairly easy deal to negotiate.

Malaysia has one of the least open auto sectors in the region and the US will want to see this opened up. [It] also has restrictions on foreign entertainment, such as screen quotas to encourage national programming. - Gary Hufbauer Quotes

Malaysia has one of the least open auto sectors in the region and the US will want to see this opened up. [It] also has restrictions on foreign entertainment, such as screen quotas to encourage national programming.

There are groups in Mexico who want limits. I can see a bargain along those lines. - Gary Hufbauer Quotes

There are groups in Mexico who want limits. I can see a bargain along those lines.

The problem is that she does not have the profile that Portman does, and I am afraid that will be read abroad as a downgrading of the trade portfolio.

We think it would have been difficult with Portman. Now it's close to impossible. - Gary Hufbauer Quotes

We think it would have been difficult with Portman. Now it's close to impossible.

It's very easy to talk about limiting imports of bedding or shoes or whatever, but once you do it and prices shoot up, then you will get a backlash. - Gary Hufbauer Quotes

It's very easy to talk about limiting imports of bedding or shoes or whatever, but once you do it and prices shoot up, then you will get a backlash.

This is all organized to keep competition down and prices high for U.S. producers. - Gary Hufbauer Quotes

This is all organized to keep competition down and prices high for U.S. producers.

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