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More - Fred Bergsten Quotes

We get the strong sense that the degree of frustration with China is accelerating very sharply and is not likely to be assuaged by a few orders that likely would have been placed anyway. - Fred Bergsten Quotes

We get the strong sense that the degree of frustration with China is accelerating very sharply and is not likely to be assuaged by a few orders that likely would have been placed anyway.

China is the 800-pound gorilla overshadowing all of the U.S. economic relations. - Fred Bergsten Quotes

China is the 800-pound gorilla overshadowing all of the U.S. economic relations.

China

Traditionally, when the European integration process gets hit by a blow like this, they regroup and usually use it as a spur for progress. - Fred Bergsten Quotes

Traditionally, when the European integration process gets hit by a blow like this, they regroup and usually use it as a spur for progress.

It is clear that the G-7 will come in with further intervention. They have made a commitment now and they must follow through. - Fred Bergsten Quotes

It is clear that the G-7 will come in with further intervention. They have made a commitment now and they must follow through.

It's a big mistake not to label China if the U.S. law has any meaning. They are still intervening massively to keep their currency from rising. I don't see how you can not define that as manipulation. - Fred Bergsten Quotes

It's a big mistake not to label China if the U.S. law has any meaning. They are still intervening massively to keep their currency from rising. I don't see how you can not define that as manipulation.

The failure of China to permit its currency to move, as most other countries in the world are doing, leads to a major protectionist trade reaction here in the United States. - Fred Bergsten Quotes

The failure of China to permit its currency to move, as most other countries in the world are doing, leads to a major protectionist trade reaction here in the United States.

China

The point is -- ad we know this from history -- that if currencies remain way out of line, trade protectionism follows. - Fred Bergsten Quotes

The point is -- ad we know this from history -- that if currencies remain way out of line, trade protectionism follows.

The failure to get progress on the economic issues may undermine the overall relationship and then make it harder to work together on the security concerns. - Fred Bergsten Quotes

The failure to get progress on the economic issues may undermine the overall relationship and then make it harder to work together on the security concerns.

So what we're showing in our numbers (is that the) bilateral deficit with China should really be interpreted as a U.S. deficit with all of Asia, not as a bilateral problem with China to be singled out. - Fred Bergsten Quotes

So what we're showing in our numbers (is that the) bilateral deficit with China should really be interpreted as a U.S. deficit with all of Asia, not as a bilateral problem with China to be singled out.

China

The history of U.S. trade policy amply demonstrates that dollar overvaluation and the huge and growing trade deficits that it spawns are by far the most accurate predictors of U.S. protectionism. - Fred Bergsten Quotes

The history of U.S. trade policy amply demonstrates that dollar overvaluation and the huge and growing trade deficits that it spawns are by far the most accurate predictors of U.S. protectionism.

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