General Discussion
In reply to the discussion: Look what NAFTA did to Ecuador and then tell me I'm posting too much about the TPP [View all]pampango
(24,692 posts)That maybe due to the fact that it was FDR's policy in the 1930's to lower the high tariffs passed by republicans, then he set up structures like GATT and the ITO to provide for multilateral control of international trade. He wanted to make it difficult for national governments to return to the "beggar thy neighbor" high tariff the republicans enacted in the 1920's and early 1930's.
The question is "how do you like "free trade""???
Just like there is no "free lunch" or "free market", there is no "free trade". No trade agreement says "Our two countries will trade with each other like California trades with New York." Now that would take one sentence and be 'free trade'. It does not exist. In reality all those agreements are hundreds or thousands of pages long for a reason.
I do support liberal, low-tariff trade controlled by multilateral organizations. I think FDR was right to believe that is best. I believe that is what most liberals in most of the rest of the world believe.