Sunday, March 02, 2025

Free Trade 74, Trump's tariff reciprocity plan

US President Donald Trump's "tariff war" is actually a demand for tariff reciprocity: Let's have low or zero tariff. If people don't like it, then let's have mutually high tariff.

Here is one example of tariff gaps.


And aside from tariff gaps, there is also a widening gap even within an economic block -- declining tariffs but rising non-tariff measures (NTMs) or non-tariff barriers (NTBs).

I support Trump's "Let's have low or zero tariff for all". 
Meanwhile, a good tweet the other week from 
In Milei We trust. @InMilei

Feb 23

πŸ‡ΊπŸ‡Έ↔️πŸ‡¦πŸ‡· MILEI ANNOUNCES ITS ADHESION TO THE RECIPROCITY AGREEMENT WITH TRUMP: Both countries will have zero tariffs for mutual trade.
“I want to announce that Argentina wants to be the first country in the world to join this reciprocity agreement that the Trump administration is asking for in terms of trade.”

"As Albert Jay Nock said in his book "Our Enemy, the State", social power was progressively taken away and transferred to the State by force. 
Our objective is to do the opposite: increase the power of the citizen and TAKE POWER AWAY FROM THE STATE"

"It is essential that the nations that embrace the ideas of freedom remain united and collaborate. We must form an alliance of free nations. 
ORGANIZED EVIL CAN ONLY BE FOUGHT BY ORGANIZED GOOD"❗️
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See also:
 

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