This is nonsense. People advocate for free trade because it lowers barriers to trade so that trade can increase. When trade increases everyone benefits. Free trade necessitates less government interference in the economy, but the burden placed on American business by onerous regulation and high taxes is well understood, especially by guys like Williams.
Why anyone would complain about excessive government regulation and taxation, and then support government imposed tariffs (increased taxes) and greater government regulation of the economy, is a mystery.
“This is nonsense. People advocate for free trade because it lowers barriers to trade so that trade can increase. When trade increases everyone benefits. Free trade necessitates less government interference in the economy, but the burden placed on American business by onerous regulation and high taxes is well understood, especially by guys like Williams.
Why anyone would complain about excessive government regulation and taxation, and then support government imposed tariffs (increased taxes) and greater government regulation of the economy, is a mystery.”
We do not have free trade...we have stupid trade...Trump’s goal is to have free trade, but we have to fix a multi-dimensional problem to do it. It is complicated to understand and I appreciate that. Trumps main emphasis is to renegotiate for free trade, not to simply impose any tariffs first...that may clue you in. But, that is not the hardest part of the puzzle, it is actually the easiest part. The most difficult will be the regulatory and taxation changes our congress will need to make to help. That is the tough part.