C. Fred Bergsten Quotes

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

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. - C. Fred Bergsten

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. - C. Fred Bergsten

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. - C. Fred Bergsten

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

Page 1 of 1