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| Bingo
Why is this never brought up? Free trade only exists when everything between the trading partners is the same - property/fuel taxes, environmental regs, currency exchange rate, gmo rules, minimum wage, corporate/income taxes, transportation system efficiency and many other things. As a farmer, you are not competing against the farmer in the other country but rather government policies between governments are competing and thus trade agreements are drawn up to allow the government to protect its internal policies.
If a government applies a 200% fuel tax internally on its citizens to further green energy then that puts its farmers at a competitive disadvantage with other countries who do not have this tax and therefore this government will enact tariffs on incoming goods to redress the imbalance - this should be seen as a good thing. But free trade supporters beleive governments should have whatever policies it wants and then no tariffs between countries either. Yes, that will certainly favor one country over the other but a "tax me" country will end up on the loosing end usually. Until you manipulate the currency.
The free trade agreements like TPP, TTiP, TiSA are all about making regulations the same between countries so that corporations could in fact have free trade. Basically moving toward a one-world government. If you like gmo and your trading partner bans it then one country must change - that is what these new "free trade" agreements are intended to address. | |
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Trump to renegotiate NAFTA..........
