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by fishermanbill
2105 days ago
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Yes the US is all about protectionism, same goes for China, same goes for the EU (also note my use of Europe, EU != Europe). Hence why all three major trade blocks dont have complete free trade deals setup between them (not that comment has anything to do with free trade deals - at least not primarily). Ultimately free trade is where the world would like to get to purely from an economic basis but you have to do that in tandem with the rest of the world. If you go first everybody else has a economic advantage over you as possibly the UK will find out after Brexit actually happens. Also politics gets in the way of the world achieving full free trade. Some gov will always want votes by protecting an industry - like the UK's fishing industry for instance. |
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