Trump escalates economic tirade against free trade, China and globalism
Source: The Guardian
Trump escalates economic tirade against free trade, China and globalism
Ben Jacobs in Monessen, Pennsylvania
Tuesday 28 June 2016 21.04 BST
Donald Trump raged against globalization and free-trade agreements on Tuesday and urged the US to declare economic independence again.
At a scrap metal facility south of Pittsburgh, the presumptive Republican nominee veered yet again from conservative free-market orthodoxy as he called for the US to withdraw from free-trade deals, including Nafta, the trade agreement with Canada and Mexico. Trump said of the USs two neighbors: They are so used to having their own way. Not with Trump they are not having their own way.
He also promised to take actions that many economists believe would start a trade war with China, including introducing retaliatory tariffs, bringing trade cases against the country in the World Trade Organization and labeling China a currency manipulator.
We already have a trade war and were losing badly, he said.
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Read more:
https://www.theguardian.com/us-news/2016/jun/28/donald-trump-foreign-policy-speech-tpp-china-free-trade