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To: arthurus

The trade is unbalanced now.

By the way I understand the WTO agreements allow for the imposition of a tariff in the face of chronic trade deficits. So this would be a tool that President Trump could implement and/or use as a negotiating tool to get balanced trade agreements.


53 posted on 01/31/2016 5:26:44 AM PST by DannyTN
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To: DannyTN

The only to reach and benefit from free trade is to simply drop trade restrictions including tax and regulation on domestic business altogether which will render the USA the most desirable location for businesses worldwide. The nation that adopts free trade in a world where other nations retain restrictions will benefit absolutely and relatively. Maintaining a consistent value of the dollar would add benefits on top of all that. Trade wars and currency wars damage every nation that participates. Studiously avoiding them benefits the nation that does not participate.


54 posted on 01/31/2016 5:33:00 AM PST by arthurus (Het is waar. Tutti i liberali sono feccia.)
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