17 Quotes by Gary Hufbauer

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.

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.

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.

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

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

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.

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

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.

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.