Democrats & Liberals Archives

Free Trade, But At A High Price

I was surprised to find this particular news item while surfing the net, or rather surprised by it’s implications.

In essence, it says that some of our highest volume trade partners persist in maintaining many of their tariffs and trade restrictions, including Japan, and China, among others.

I would like for somebody to explain to me how we can stand around and take our country down a free trade path without having previously ensured that other countries would do so too. It is one thing to oppose trade restrictions when other countries lack for them. That leads to equilibrium. But when the advantages of our competitors are artificial, what do we profit by taking the free trade route? Let us disarm and lower our defenses only to the extent that others are willing to do so.

Posted by Stephen Daugherty at April 11, 2004 12:48 PM