In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment.
In a regime of Free Trade and free economic intercourse it would be of little consequence that iron lay on one side of a political frontier, and labour, coal, and blast furnaces on the other. But as it is, men have devised ways to impoverish themselves and one another; and prefer collective animosities to individual happiness.
America has an important role to play as the world leader in creating a global order, free trade, free waterways, free commerce, free movement of people. That happens because of U.S. military might.
Technology is probably the single biggest driver of productivity gains for the developed countries. For example, I think it's much more important than free trade.
I'm in favor of free trade, but I think if you had to make a choice between having technological progress versus free trade, you had one or the other, you should always pick technological progress. I think it's an incredibly important variable for creating more prosperity.
I prefer for government to err toward less regulation, lower taxation, and free markets. And I'm a radical free trader.
No man with a genius for legislation has appeared in America. They are rare in the history of the world. There are orators, politicians, and eloquent men, by the thousand; but the speaker has not yet opened his mouth to speak who is capable of settling the much-vexed questions of the day. We love eloquence for its own sake, and not for any truth which it may utter, or any heroism it may inspire. Our legislators have not yet learned the comparative value of free trade and of freedom, of union, and of rectitude, to a nation.
When it comes to acid rain or oil spills or depleted fisheries or tainted groundwater or fluorocarbon propellants or radiation leaks or sexually transmitted diseases, national frontiers are simple irrelevant. Toxins don't stop for customs inspections and microbes don't carry passports. North America became a water and free-trade zone long before NAFTA loosened up the market in goods.
You do not need to be in the single market we do not need that we are the word's fifth biggest economy. Most economies can agree free trade deals within two years the EU is taking 10 years or never at all, why?
[Donald Trump rhetoric]this is a common rhetorical line used by people who are against free trade that say, we're in favor of trade; we just don't like any of the free trade deals that America has actually signed onto.
Globalism began as a vision of a world with free trade, shared prosperity, and open borders. These are good, even noble things to aim for.
But suppose, for the sake of argument, free competition, without any sort of monopoly, would develop capitalism trade more rapidly. Is it not a fact that the more rapidly trade and capitalism develop, the greater is the concentration of production and capital which gives rise to monopoly?
Protectionism is a misnomer. The only people protected by tariffs, quotas and trade restrictions are those engaged in uneconomic and wasteful activity. Free trade is the only philosophy compatible with international peace and prosperity.
I favor free trade in drugs for the same reason the Founding Fathers favored free trade in ideas: in a free society it is none of the government's business what ideas a man puts into his mind; likewise, it should be none of its business what drugs he puts into his body.
The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home and free trade throughout the world. The consumer is protected from being exploited by one seller by the existence of another seller from whom he can buy and who is eager to sell to him. Alternative sources of supply protect the consumer far more effectively than all the Ralph Naders of the world.
American consumers benefit from free trade and investment.
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