Gary Hufbauer
Gary Hufbauer
abide countries defensive five foot four mode number shoe
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.
rhetoric stepped
The rhetoric will be stepped up on trade.
close difficult
We think it would have been difficult with Portman. Now it's close to impossible.
america canada latin mean needed relevant supplies tariff united
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.
deal easy fairly
From the U.S. standpoint, this should be a fairly easy deal to negotiate.
banks good hurt lent loans money today
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.
along bargain groups mexico
There are groups in Mexico who want limits. I can see a bargain along those lines.
exemplary political weight
While she has an exemplary career, she doesn't have the political weight that Portman had.
amendment billion canada fight poison
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.
abroad afraid problem profile trade
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.
bedding easy imports limiting prices shoes shoot talk
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.
innovation matter
It's not an innovation problem; it's more a matter of production.
against clout companies farm formidable hold lobby oil says sector strong
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).
dollars firm link means obligated production shifted spending weaker
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.