… In Mr. Reagan’s original speech, the late president defended imposing duties on Japan during a trade dispute over semiconductors; he alleged Japan was failing to enforce Japanese companies’ violations of a trade agreement with the United States.
Mr. Reagan explained why tariffs are bad for the U.S. and hurt free trade, which is largely what the Ontario government quoted in its ad. However, Mr. Reagan also argued that his duties on Japan were justified “to stop unfair practices against American products,” while extolling the virtues of free trade overall.
The bottom line is Trump is more right than Ford and most nations have historically applied stiffer tariffs against the US than vice versa.
“Free Trade” is really managed trade that has done great harm to the working class of both Canada and the USA as well as gutting the industrial base of both nations.
There is no such thing as “Free Trade” with low wage nations despite the insistence of our corporate class and no benefit to working people unless becoming a citizen of an aspiring low wage 3rd World state is on your wish list.
These captains of Industry are the same people who insist they can’t operate in Canada without importing millions of unskilled 3rd World economic migrants to depress wages.
They’re liars, they broke the social contract. Feck em’ they destroyed your children’s hopes and dreams.
Shitty if true …
h/t Auntie Polly
It’s been a strange fall in two of New York State’s westernmost counties, Niagara and Erie, on the Canadian border.
