Displaying items by tag: fair trade

Wednesday, 20 October 2021 14:15

OPINION: 'Fair trade' is still a fraud

The Biden administration is embracing the same flawed “fair trade” mantra that previous administrations used to sanctify protectionist policies. Biden’s team has “largely dispensed with the idea of free trade as a goal in and of itself,” the New York Times reported. U.S. Trade Representative Katherine Tai recently touted the Biden administration’s plans to “shape the rules for fair trade in the 21st century.” What could possibly go wrong from such a lofty aspiration?

Published in Opinion