“Free Trade” Isn’t Really About Trade

“Free Trade” Isn’t Really About Trade

“Free trade” sounds great to most business people, but free trade treaties are about giving up a country’s powers and people’s rights to unaccountable international entities. ...
Charles Scaliger

In June 1994, during congressional debate over approval of joining the World Trade Organization (WTO), Republican congressman Newt Gingrich said:

We need to be honest about the fact that we are transferring from the United States at a practical level significant authority to a new organization. This is a transformational moment. I would feel better if the people who favor this would just be honest about the scale of change.

Twenty years from now we will look back on this as a very important defining moment. This is not just another trade agreement…. I am not even saying we should reject it; I, in fact, lean toward it.

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