Free trade is a must, but from “free-trade” to giving away everything, – is an ocean of difference. As a minimum, if free trade is really going to be free, everything has to be on a leveled field with regards to taxes, salaries, vacation, work hours, laws and regulations, tariffs etc. But that is not the case. Open borders doesn’t mean salaries levels out at a higher rate on both sides of the borders. A “gold-standard” must mean that the market is regulated based on competition but, as long as salaries, taxes, tariffs, laws etc. isn’t uniform, competition cannot be real, or fair.
The “Gold Standard” set by TPP is merely an utopian dream, bad dream!
— thefinn (@thefinn12345) October 10, 2016
Open trade and open border are clearly not going to happen, the world is too divided, too many conflicts and differences on so many levels, socially and economically. I am sure the views are many and i am also sure most wouldn’t agree with me, be that as it may. Here’s one point you should agree on, but first, – what is the value of America?
How much would a company, a producer be willing to pay in order to get access to the American market? To answer that question you need to understand how big the American market is and how strong the consume is, or can be.
To set tariffs to zero for all products crossing the borders, no matter what region, or country it comes from, is to grossly under appreciate the American market’s strength, or value. No country should be able to sell products into America without tariffs. To advocate free trade without tariffs is to not understanding the value of the American market. The only products that should / could be without tariffs are products that cannot be produced in America, or to stimulate an economic development in a country – i.e a form of aid for economic development.