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David French on Free Trade

 

 


Punitive tariffs increase prices & trigger trade wars

On trade, Clinton will almost certainly be superior to Trump. Trump pledges to "win" through punitive tariffs that would increase the price of consumer goods and trigger trade wars, but he gives little indication that he understands the economics of trade, the reality of the American economy, or even the truth about American manufacturing. (It is not, in fact, disappearing.) Clinton, by contrast, would probably maintain the trade-policy status quo, and while that status quo creates winners and losers--as any status quo would-- free trade has long been an overall positive for American families.
Source: David French column in National Review, "Trump & Hillary" , Mar 29, 2015

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