3 ms·

It is… free market allows reciprocity of tariffs levied against US products in the EU

• amanaplanacanal 2y ago
  I believe what you are describing is commonly known as fair trade, not free trade.
  • gruez 2y ago
    At least in common parlance, "fair trade" just referred to paying third world farmers a "fair" (ie. above market value) price.
    • PaulHoule 2y ago
      If there are 25% bidirectional tariffs the big companies win but you lose. In a free market without tariffs you are free to go to the better vendor no matter which country you go to. Competition makes everybody get better. With 25% tariffs Europeans go to the tired European monopoly and Americans get gouged by the American monopolies. The monopolists agree it's great but you pay more for worse services.
• loeg 2y ago
  The president's tariffs are not wholly reciprocal to foreign tariffs.
• sergiomattei 2y ago
  Isn’t it a return to protectionist, mercantilist-like policy? That’s the opposite of a free market.