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Free Trade Now

China has begun to retaliate in response to the tariffs on tires approved by the Obama administration.  China's comments include:

“This is a grave act of trade protectionism,” Mr Chen said in a statement. “Not only does it violate WTO rules, it contravenes commitments the United States government made at the [April] G20 financial summit.”

Just as I predicted the trade situation has worsened due to the tariffs and our economy will suffer as protectionism fails once more as it always does.  What we need is free trade now.  Just as John Maynard Keynes recommended during the Peace Conference at Versailles in 1919, and other economists from Adam Smith onward have recommended, we need free trade  - not protectionism. 

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