3 ms·
FTAs are ... complicated. But in case of the US .. the US has the protectionist tariffs on textiles and clothes, among other things. https://www.wto.org/englis
by pas 2y ago
FTAs are ... complicated. But in case of the US .. the US has the protectionist tariffs on textiles and clothes, among other things.
https://www.wto.org/english/res_e/statis_e/daily_update_e/tariff_profiles/US_e.pdf https://www.wto.org/english/res_e/statis_e/daily_update_e/ta...
Regarding unemployment. Calling out the US for protectionism -- especially after Trump's 2018 "trade war" that completely backfired -- is much easier than discussing developmental economic policies for Kenya, mostly because things were really fucking bad between 1946 and 1993. Import substitution was tried as a policy, and it failed. Current unemployment is 2.98%.