19 ordspråk av Gary Hufbauer

Gary Hufbauer

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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.

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.

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.

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

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.

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

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,

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.

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.

It's your normal negotiating side payment.

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