....Are trade agreements bad
Asked by: MasturDbtor,"Are trade agreements bad."
If the United States doesn't reach an agreement in negotiations within one week, it starts negotiating with itself.
Author unknown an example of how naive America is in negotiations with other countries,Jimmy Carter made the decision not to build the B-1 Bomber...." shortly after the carter B-1 decision, Senator John Towers of the senate Arms committee was in Mocow. He asked Aleyander Shchukin ( a Soviet Arms control Negotiator) what the Soviets were prepared to do to reciprocate Carter's cancellation of the B-1 Bomber, " Sir, responded Shchukin, I am neither a pacifist nor a philanthropist."
The United States, it seems always goes into negotiations with its team that negotiating for our side in trade deals having the attitude that they're the big guys on the block and they have to make sure that they don't take advantage of these little fellows not being as astute as they are and the other countries laugh at our negotiators and America for being so easily taken by them, it almost takes the fun out of the game for them of taking America for a ride again and again. Trade agreements aren't bad, but America's negotiators certainly are bad at the game.
The World Trade Organization should be abolished. There have been rulings that prevent the US from requiring necessarily labeling for products. These deals effect all aspects of regulations, including safe formaldehyde levels.
The WTO can effectively veto regulations we make for our own safety on the basis of "it's unfair to trade".
The WTO and the transnational corporations that support it are supplanting national sovereignty and deciding issues that should be decided by countries in the interest of their public good.
Trade should go back to where it was before. No agreements, each nation has the right to set domestic and trade regulations according to their own best interests. Politicians could and should still consider the possible reactions from other nations, whether for instance a policy is likely to be met by punitive tariffs from other countries. But at least our hands would not be tied.
It is especially important that we have sovereignty when dealing with foreign countries. If for example Australia decides on reasonable consumer safety standards we shouldn't have to pass sanctions against them because China thinks they are unfair. If China wants to pass tariffs or limit imports then OK, let them. But if our country believes the other country is in the right we shouldn't have some corporate-bought organization like the WTO telling us we have to pass sanctions.
By allowing free trade and abolishing tariffs and barriers, trade increases and expands the potential markets of a countrys economy and therefore leads to higher demand and therefore more growth. This is all beneficial for the all the economys in the particular agreement because it leads to better economic climates. It could also stimulate investment in investment between countries, once again, helping the econoies of the countries.