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Originally Posted by JayBee
Because the past 4 US administrations hae been very pro-free trade, and pro-globalization, they do not want to get into a tariff war with China. It would go againt the principles that they preach.
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The past 4 administrations have preached free trade however the US insists on dictating the terms of that free trade. Time after time the US has lost Nafta and WTO rulings only to ignore those rulings and continue to legislate tariffs and duties against the NAFTA charter. Further the US uses these "Free Trade" agreements as an attempt to manipulate the internal politics of their trading partners. Applying trade pressure in an attempt to influence the internal policies and legislations of the foreign governments.
Further they have used the guise of 9/11 and the terrorist threat to further restrict the entry of foreign goods. They have legislated and manipulated the NAFTA agreement so badly that it no longer resembles a "Free Trade" agreement at all. NAFTA was a great idea that is going the way of the League of Nations, as a castrated, bastardized failed pipe dream.
Oh yeah, I was a softwood lumber broker for 6 years.