How does allowing China to constantly rig trade in its favor advance the core conservative goal of making markets more efficient?
Modern free-traders... embrace their ideal with a passion that makes Robespierre seem prudent. They embrace unbridled free trade, even as it helps China become a superpower.
Conservative statesmen from Alexander Hamilton to Ronald Reagan sometimes supported protectionism, and at other times, they leaned toward lowering barriers. But they always understood that trade policy was merely a tool for building a strong and independent country with a prosperous middle class.
Years of passivity and drift among U.S. policymakers have allowed the U.S. - China trade deficit to grow to the point where is widely recognized as a major threat to our economy.
It is hard for me to understand why we tolerate so many barriers to agriculture trade when America is the No. 1 producer of agriculture products. I think opening up markets - more markets for agricultural sales is a very high priority for us.
Unlike national legal systems, there are precious few avenues to address judicial activism at the WTO. You pretty much have to gain consensus to change the agreements, or simply withdraw from the system. The first is nearly impossible, and the second would be - in the view of many - cataclysmic.