Saturday, February 4, 2017

Free Trade?!

If you have been reading the news, the term free trade has come up a lot of times and many people never seem to stop praising free trade as it is good for America. Many regional free trade alliances have been signed giving access to each other countries without any taxes or tariffs and this is seen as boosting jobs in both countries. For the most part, it has been a boon for the U.S. workers for free trade but as I look at the free trade, it seems that Free Trade is only for countries to export as much of their stuff to the U.S. and buy as little as possible from them. This free trade has always been one sided. I get it that the U.S. does not produce lower skilled items and the higher ones are more expensive due to labor costs and regulations but despite this, the U.S. does import way more stuff from other countries than export it to them. There are more protectionist tendencies in other countries than in the U.S. and also limited incomes to splurge around things and whatever spare items the other countries produce they send it to the U.S. In this case the U.S. is always on the wrong end of the stick and it has been most of the time a loser in this free trade battle. I agree that Free Trade is good but if it is free than it should also be equitable and not one sided.

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