Washington Examiner Blind to US Trade Distortions

The Washington Examiner, a conservative newspaper, agrees with President Trump on China’s “. . . destructive practices of forcing businesses to surrender their technology to the state and forcing them into joint ventures in exchange for market access.” and “. . . massive subsidizing of industries through colossal state-owned enterprises that put private competitors out of business.”

Then the WE proceeds to NAFTA and “Canada’s dairy cartel, but they operate on a similar protectionist principle. . . . Canada’s quasi-Soviet dairy policy is just one of the many thorny issues making agreement more complicated.”

How about the U.S.’s distorting trade policies? Agriculture receives billions in subsidies and regulatory protection. The same arguments WE makes about China and Canada can be made about the U.S.

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