Trade Agreements

It is an ill wind that blows nobody good. Trade agreements hurt some people and help others:

Advantages of Trade Agreements

Disadvantages of Trade Agreements

Reneging on Trade Agreements

Donald Trump has said he will make the USA revert back from a free trade policy to a protectionist one in order to save the jobs that were lost under free trade. He suggests reneging on all trade agreements. I don’t think this is wise for the following reasons:

The essential problem is corporations do not care in the least about the welfare of workers. They have no loyalty to any one country. All they care about are profits. They don’t give a hoot what their trade agreements do to ordinary workers. The solution may be trade agreements where only fair trade goods may be exchanged. Further, retraining needs to be an integral part of every trade agreement.

~ Roedy (1948-02-04 age:69)