General Discussion
In reply to the discussion: Tariffs were very strong American worker wage protection, HENCE corporations hate tariffs. [View all]brentspeak
(18,290 posts)while hiding behind FDR's avatar, trying to suck Democrats in while parroting US Chamber of Commerce propaganda. On a Democratic site, no less.
How many times on this site do people have to call you out on this?
First of all, not only are you falsely implying that the article you excerpted above is somehow arguing against the imposition of new tariffs (it's not), you apparently were unaware that the article's author is actually completely opposed to today's so-called "free trade" agreements.
Second of all -- and this is for other DUer's out there; I've already responded to you specifically on this numerous times -- FDR only wanted to lower tariff on imports on the sole conditions that a) corresponding partner nations lower their tariffs on American exports as well; and b) the lowering of import tariffs on foreign goods into the US must also be accompanied by a rock-solid guarantee that American domestic production would not be compromised (a stipulation that every subsequent US trade agreement after FDR has completely ignored):
https://www.princeton.edu/~achaney/tmve/wiki100k/docs/Reciprocal_Tariff_Act.html
The Reciprocal Trade Agreements Act (enacted June 12, 1934, ch. 474, 48 Stat. 943, 19 U.S.C. § 1351) provided for the negotiation of tariff agreements between the United States and separate nations, particularly Latin American countries. The Act served as an institutional reform intended to authorize the president to negotiate with foreign nations to reduce tariffs in return for reciprocal reductions in tariffs in the United States. It resulted in a reduction of duties.
President Franklin D. Roosevelt was authorized by the Act for a fixed period of time to negotiate on bilateral basis with other countries and then implement reductions in tariffs (up to 50% of existing tariffs) in exchange for compensating tariff reductions by the partner trading country. Roosevelt was also instructed to maximize market access abroad without jeopardizing domestic industry, and reduce tariffs only as necessary to promote exports in accord with the "needs of various branches of American production.".
Therefore, FDR's trade policy was the opposite of today's free trade agreements, which are authored deliberately to relocate domestic industry to overseas facilities and which are not required at all to consider domestic American production.
The very last thing in the world FDR wanted was for American corporations to move their domestic manufacturing facilities overseas so that the corporations could then import their cheap, foreign-made back into the United States. That was a nightmare scenario that FDR did not want, but it is the scenario that you and the people who provide your talking points support.