For too long, America has been led by a naive embrace of
free trade that overlooks the predatory behavior of our trade competitors.
Widespread trade cheating and poorly designed trade deals have led to
persistent U.S. trade deficits causing job losses, manufacturing decline and
income stagnation. Many nations push their currency values lower, and the
dollar higher, to gain a price advantage in global market at our expense. Their
governments subsidize manufacturing in order to “dump” product in the U.S. market
at below cost. These predatory practices violate world trade law and destroy
American industries. Thankfully, President Trump appears willing to confront
such abuses by punishing trade violators and renegotiating job-killing trade
agreements. [more...]
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