Q&A: Have so called free trade agreements selling out american sovereignty?
Question by nasty s: Have so called free trade agreements selling out american sovereignty?
hear me out here. More and more I hear talk that we may not want to cancel a bad contract like with a french manufacturer who has a contract to build planes for the military…well..because that would upset the french and not a nice thing to do to an ally who would retaliate somehow. or that we can’t do anything about NAFTA because that would upset Canada and Mexico and we dont want our neighbors mad at us for wanting to stop sending our manufacturing jobs to their country. etc..
This is the next shoe to drop….when we try to do something about china, they will tell us..that it will be a hostile act towards china to say that we want our american companies manufacturing here in the USA and creating jobs for americans. So you see..this is why I say that the so calle free traders are slowly selling us out. They even sell our ports off, and our highways. Yes..I hear foreign countries collect the tolls in some of our highways.
Best answer:
Answer by USA Rules, everyone else sucks
You can thank Bill Clinton for NAFTA
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August 12th, 2012 at 11:10 pm
There are two different economic tactics that have been historically used to control the negative impact of international trade:
Isolationism-whereby a country seals its borders and isolates itself from the world , relying only on its own natural resources and internal trade.
And Protectionism-whereby a country’s government closely monitors imports and exports and uses tariffs (import taxes) to adjust the prices of imports so that they cannot be sold cheaper than domestic goods (also provides tax revenues).
We (the U.S.) are involved in trade agreements (through the WTO & other orgs) that don’t allow us to place tariffs on imports, thus providing the incentive to off-shore production.
My personal opinion is that we are going to have to eventually renegotiate some of these treaties to reel our manufacturing base back into the continental U.S. to some extent at least.
The alternative may be our sovereignty and strength as a nation.
The problem is that when anyone mentions restrictions on free trade, the free trade people start screaming that we are trying to become isolationist rather than protectionist.
AND…it scares everyone because “isolationist” nations have historically fallen or been invaded and conquered due to lack of innovation in weapons or technology.