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I don't know that Trump favors protective tariffs, import quotas or export subsidies. I do know that we don't have free trade. What goes for 'free trade' is trade managed by powerful bureaucracies—national and transnational international—central planners concerned with regulating, not freeing, trade; whose goal it is to harmonize labor, health, and environmental laws throughout the developed world. The undeveloped and developing worlds do as they please. My understanding is that Trump simply wants to make these agreements and organs work for the American people. (en) |
