Thursday, March 10, 2016

To Free Trade Or Not

Campaign 2016: Sanders and Trump dump on free trade, but they're not telling the whole story - LA Times:

...As Kasich has noted, being in favor of free trade doesn't mean automatically supporting every proposed deal. Multinational agreements such as the TPP include a lot of compromises, and some of these may not be worth making. But to categorically oppose trade deals is to say that the U.S. shouldn't try to bring the rest of the world up to the labor, environmental and commercial standards that apply here. That's a losing strategy, and it would only increase the pressure on policymakers to return to the bad old days of high tariffs that inhibited trade and impeded growth for all concerned.

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