Monday, January 30, 2017

US Is The World's Dumping Ground

America has been building and leading an increasingly free multilateral trading world for the past 70 years. For all that – partly through its own negligence – it ended up holding the bag as a dumping ground and the world's buyer of last resort.

No more. From now on, the trade free-riders will have to deal with America's crushing bargaining power in closely monitored and promptly terminated bilateral free-trade deals. All that, I suppose, will be based on principles of reciprocity and on the WTO trade rules.

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We MUST deal with this issue, or our country will cease to exist. If not through Trumpism, then how?

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