Derek Scissors

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Last quote by Derek Scissors

The standards in KORUS are good. The problem is that the South Korean economy is very weak. Even if we renegotiate it, we're not going to get a surge in exports because they're just not growing that fast.feedback
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Apr 28 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Derek Scissors is associated, including China and Chinese. Most recently, Derek Scissors has been quoted saying: “With Anbang, we're not sure where their money comes from. If you're going to deal with a Chinese firm it's far down on the list. It's not the best firm to be dealing with.” in the article Trump's 'Made in America' label doesn't fit Ivanka's clothing line.
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Derek Scissors quotes

That's a big change because USTR is this small elite trade agency right across from the White House.feedback

I do think there are new firms that are finding China as interesting as everyone used to.feedback

If you're waiting for the booming Chinese consumer ... it's just not on the way. The upside is just not what some consumer firms were hoping for.feedback

I don't see any meaningful benefit for China from the U.S. rejection of TPP. There will be a good deal of diplomatic theater but it all gets forgotten by the next news cycle. The Chinese will talk about grand new deals but the only truly free trade agreement they've ever signed is with Taiwan, and that is still primarily political. The Chinese will certainly sign trade agreements, but they will do nothing to change the Asian economy.feedback

TPP dying just leaves the U.S. in the same situation we are now. If the Trump administration goes further, for example by discriminating against trade with Asia, this would open to the door to a greater Chinese role.feedback

What? Did they just produce the goods and leave them on the factory floor and they never went anywhere?feedback

There's a lot of invoicing that changes in December as companies clean up their books. I just think you don't want to over interpret December numbers.feedback

There's a heightened risk that the Chinese are going to be more aggressively predatory on trade. Everybody who competes with China – their profits are now in jeopardy.feedback

The Chinese economy has been "weakening for years.feedback

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