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Here´s what Trump gets right on trade
Washington Examiner [DC], by Editorial

Original Article

Posted By:MissMolly, 11/14/2017 5:13:44 AM

"We will no longer tolerate the audacious theft of intellectual property,” President Trump said Friday at the Asia-Pacific Economic Cooperation summit in Vietnam. “We will confront the destructive practices of forcing businesses to surrender their technology to the state and forcing them into joint ventures in exchange for market access.” He was referring to big challenges that American businesses face in China. Finally, he added a more universal problem, also present in China: “We will address the massive subsidizing of industries through colossal state-owned enterprises that put private competitors out of business." On that last issue, the subsidizing of industry

      


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Reply 1 - Posted by: dvc, 11/14/2017 2:18:27 PM     (No. 11451826)

Canada´s "supply management system" is a government structure to limit supply, restrict imports to increase the profits of farmers on milk, eggs, chicken and turkey. We have import quotas on sugar, and the government forces us to purchase ethanol in our gas, both for the benefit of farmers, ot the detriment of low prices. Basically the government decides that we need to send extra money to farmers beyond what the free market prices for these commodities would otherwise be.

If we have "free trade" then the markets must be free. They are very much not free markets, so end the damned NAFTA.

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Posted By: MissMolly- 11/17/2017 4:31:37     Post Reply
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Posted By: earlybird- 11/16/2017 1:25:19 PM     Post Reply
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