MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘NAFTA’

EconomicPolicyJournal.com: This Is Not Free Trade, Not Even Close

Posted by M. C. Fox on October 2, 2018

I shudder to think about the crony deals and protectionism that is buried in this deal.

A real free trade agreement should be 1 page.

For every treaty page there will be a thousand pages of regulations and procedures. Think of when the government adds 5000 pages to the tax code in order to simplify it.

http://www.economicpolicyjournal.com/2018/10/this-is-not-free-trade-not-even-close.html

Below is the table of contents to Trump’s Trade Agreement (TRUMPSTA). In no way does this suggest a free trade agreement. I shudder to think about the crony deals and protectionism that is buried in this deal.

As Lawrence McQuillan put it:

At least #NAFTA had the pretense of free trade. The new agreement is managed government #protectionism & #cronycapitalism. @realDonaldTrump just made America poorer again & strengthened Federal govt! 

RW 

United States-Mexico-Canada Agreement Text
Table of Contents
A.        United States-Mexico-Canada Agreement Text – Chapters
0.         Preamble
3.         Agriculture
4.         Rules of Origin, with Product Specific Rules
5.         Origin Procedures
6.         Textiles and Apparel
7.         Customs and Trade Facilitation
10.       Trade Remedies
12.       Sectoral Annexes
13.       Government Procurement

Read the rest of this entry »

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The Ron Paul Institute for Peace and Prosperity : Tariffs Are Not the Answer

Posted by M. C. Fox on March 13, 2018

http://www.ronpaulinstitute.org/archives/featured-articles/2018/march/12/tariffs-are-not-the-answer/

President Trump’s planned 25 percent tariff on steel imports and 10 percent tariff on aluminum imports may provide a temporary boost for those industries, but the tariffs will do tremendous long-term damage to the American and global economies. Tariffs raise the price of, and reduce demand for, imported goods. Tariffs ensure the preferences of politicians, instead of the preferences of consumers, to determine how resources are allocated. This reduces economic efficiency and living standards… Read the rest of this entry »

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Trump’s Futile Faith in His Market-Based Negotiating Skills

Posted by M. C. Fox on May 1, 2017

http://www.garynorth.com/public/16533.cfm

That law was a monstrosity from day one. Surrendering American sovereignty to some international organization is always a bad idea. From a philosophical standpoint, getting a better deal out of NAFTA is a bad idea. It means surrendering to the idea of the transfer of any national sovereignty to an unelected agency of the New World Order. 
All you need to remember one line from this post- Surrendering American sovereignty to some international organization is always a bad idea.

Think UN.

Be seeing you

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