Protectionism is bad. Period. Trade barriers increase tensions between nations and stifle economic growth. Essentially, they are “nanny-laws” that baby domestic industry, by exempting them from international competition. When competition is eliminated in any facet of the marketplace, domestically or internationally, industry becomes inefficient and stagnant – a child of the State. Free trade ushers in prosperity. Trade barriers, on the other hand and in the opposite direction of their intended purpose, hurt a country and its citizens.
Abolition of tariffs by all nations would greatly benefit the global market. To allow the unbridled exchange of commodities and products would lower prices, increase industry efficiency, and lead to the betterment of mankind. How hard is it to understand that the Free Market is not evil, but instead the only rational system? Free trade, deregulation – the messengers of freedom and prosperity, what a beautiful thing.
Companies that support protectionism cannot compete, and therefore should not be propped up. Unions that support protectionism are essentially Marxist organizations and against all forms of American values. Free trade is innately American and the only means of effectively and cheaply protecting democracy abroad.
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