Discussion in 'Economics & Trade' started by TerraBackTax, Sep 13, 2018.
Why have Republicans turned there back on free trade?
I hope it’s jot typos
When did we ever have free trade?
But when have tariffs ever improved the global economy (that thing that US is a large “shareholder” of)
Not an answer to my question, and I don't think anyone has argued that tariffs improve the global economy.
Perhaps when a sanity left the White House? Trade has always been geared in favour of the 'rich North'. If anything should be moaning about free trade, its sub-Saharan Africa. The only subtantive evidence of the domestic populations being made worse off.
I’m just saying. The Republican Party i used to know was loyal to the principal of tree trade, yet those representing the party have bent over backwards for the most anti-free trade president in over a century. I’ve left the party entirely because there’s too much love for the color red than the principals that used to define republicanism
There's always been sneaky protectionism (e.g. EU with Airbus and US with Boeing, often throwing in underhand military subsidisation). But you're right. The Party has allowed a petulant child to dictate too much. Giving up basic principles should be a no-no.
Circumstances have changed.
The "American Century" is over.
Now you are on the "Chinese Century".
Since you are no longer the foremost industrial power in the world, free trade is no longer to your predominant advantage. It is to theirs.
Free trade vs protectionism is a fluid decision and it depends on circumstance which is preferred at any time and with whom.
Because for so long in America Free Trade has been the preference for the circumstance, people have become dogmatic about it. Forgotten about the circumstance in which it is not preferred.
But those circumstances are back. Time to re-learn when to apply free trade and when not to.
Nonsense effort. That historical super powers supported free trade is arguably a reference to the infant industry hypothesis (with trade used to stabilise the world economy and reduce the need for direct military interventionism). The change from the right wing has naff all to do with that.
we have not turned our back on free trade. Capitalism is free trade between individuals and countries. Trump is merely trying to help China see the logic of free trade. Do you understand?
Does this mean the USA should start growing its own bananas at $20/LBS rather than import them at $.05/LBS????
wrong as always its reference to capitalism and comparative advantage. Do you understand?
loyal to it and loyal to bringing it about through a trade war if necessary. Now do you understand?
The parties and even the country those parties are in are constantly shifting as they compete each other. Would you support a Republican Congress that supports an American Benito Mussolini?
Give me an example of where nationalist economics didn't delay and exacerbate trade disputes?
The infant industry hypothesis refers to dynamic comparative advantage. You're arguing with yourself again
if I disagreed I'll pay the liberal $10,000. Bet???
I'd support anyone who would advance freedom and capitalism.
Benito was for neither, by the way.
you've missed the point. China opposes free trade. How would you encourage China to trade freely? Please don't dodge the question by rather learn from it.
Free trade is a good thing if it is fair trade.
Neither China or Europe trades fairly with the U.S.
Unbridled free trade results in closed factories and lower paying jobs.
If other nations refuse to work with us to achieve balanced trade, then we have to take measures.
Separate names with a comma.