Protectionism won't make America great
Hi Steemitians,
The Office of the United States Trade Representative (USTR) sent a report to Congress this summer detailing the Trump administration's trade enforcement priorities. Heading the list is "aggressive defense of U.S. trade remedies laws." This means actively seeking to restrict imports.
Click the below link for full article
https://www.cnbc.com/2017/09/01/trump-protectionism-wont-make-america-great-commentary.html
Image Courtesy:https://www.cnbc.com/
Please Upvote & Resteem the post if you find it is useful
This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
This post has received a 1.56 % upvote from @drotto thanks to: @kishore1988.
NAFTA promised to raise the standard of living of Mexico so high that it would eliminate the immigration problem. It also promised that with the higher incomes that Mexicans would be earning that it would increase our exports to Mexico.
Here is a great documentary on the effects of globalism on the small island nation of Jamaica https://en.wikipedia.org/wiki/Life_and_Debt
Globalism only benefits large international companies and helps them swallow up competition. Less competition = higher prices and lower wages due to higher unemployment