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Free Trade

Essay by   •  November 15, 2011  •  Essay  •  258 Words (2 Pages)  •  1,792 Views

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Not much is fair about free trade. There is a big difference between Fair Trade and Free Trade. Free Trade means that China and others pay substantially less in taxes to do business in the U.S. than American companies. It means they are free to use the strength of the dollar to close our manufacturing facilities and put millions of workers out of work. They are free to ignore patent and trademark laws and protections. Free trade means that China and others are free to ignore the environment and dump toxins into the water and air which will affect our air and weather and eventually our coasts. In order to gain free trade there will be a price to pay. Even today, the United States continues to support free trade, an example being NAFTA (North America Free Trade Agreement). The problem is that free trade has caused the foreign industry to take over the U.S. marketplace. In my opinion free trade has only hurt the American work force, increased poverty, and added to our national debt. Today there is about 10 million unemployed citizens and 35 million Americans are living in poverty because of free trade. It's clear that the foreign industry is taking advantage of us. You can visit most clothing store and you'll find that most of the clothing's comes from South Korea, China, Hong Kong, Sri Lanka, and the Philippines. On the other hand according to "PreciousMiguel78" "Yes, studies show that free trade is beneficial for every country involved. Free trade benefits all countries that



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