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To: Torie; AmishDude

Some of Reagan's actual policies on free trade (but then why let facts get in the way of a good story?):

http://www.mises.org/freemarket_detail.asp?control=489&sortorder=articledate

The administration has thus far:

* Forced Japan to accept restraints on auto exports;
* Tightened considerably the quotas on imported sugar;
* Negotiated to increase the restrictiveness of the Multi­fiber Arrangement governing trade in textiles and apparel;
* Required 18 countries, including Brazil, Spain, South
* Korea, Japan, Mexico, South Africa, Finland, Australia, and the European Community, to accept "voluntary re­straint agreements" that reduce their steel imports to the United States;
* Imposed a 45% duty on Japanese motorcycles for the ben­efit of Harley Davidson, which admitted that superior
* Japanese management was the cause of its problems;
* Raised tariffs on Canadian lumber and cedar shingles;
* Forced the Japanese into an agreement to control the price of computer memory chips;
* Removed third-world countries on several occasions from the duty-free import program for developing nations;
* Pressed Japan to force its automakers to buy more Ameri­can-made parts;
* Demanded that Taiwan, West Germany, Japan, and Switzerland restrain their exports of machine tools;
* Accused the Japanese of dumping roller bearings on grounds that the price did not rise to cover a fall in the value of the yen;
* Accused the Japanese of dumping forklift trucks and color picture tubes;
* Extended quotas on imported clothes pins;
* Failed to ask Congress to end the ban on the export of Alaskan oil and timber cut from federal lands;
* Redefined dumping so domestic firms can more easily charge foreign competitors with unfair trade practices;
* Beefed-up the Export-Import Bank, an institution dedicated to distorting the American economy at the ex­pense of the American people in order to artificially pro­mote exports of eight large corporations.


284 posted on 02/11/2007 12:37:35 AM PST by Pelham (California, Mexico's HMO)
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To: Pelham

Love your tagline : "California, Mexico's HMO.". ;>P


286 posted on 02/11/2007 12:53:06 AM PST by Cyropaedia ("Virtue cannot separate itself from reality without becoming a principal of evil...".)
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To: Pelham
Reagan Embraced Free Trade and Immigration by Daniel Griswold

Like most post-war presidents, Reagan championed free trade while selectively deviating from it. Critics of trade note correctly that Reagan negotiated "voluntary" import quotas for steel and Japanese cars and imposed Section 201 tariffs on imported motorcycles to protect Harley-Davidson. All true. But those were the exceptions and not the rule. They were tactical retreats designed to defuse rising protectionists pressures in Congress.

294 posted on 02/11/2007 8:57:03 AM PST by AmishDude (It doesn't matter whom you vote for. It matters who takes office.)
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To: Pelham; AmishDude

Fair point, no doubt. Sometimes, even those who know better, feel the need to throw some bones to the wolves chasing the sleigh, to deflect them from doing real damage.


298 posted on 02/11/2007 2:51:34 PM PST by Torie (The real facts can sometimes be inconvenient things)
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