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Farm Business
Politics, Covid19 and Brexit
Is Trump Right About Free Trade
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<blockquote data-quote="ollie989898" data-source="post: 4941618" data-attributes="member: 54866"><p>He has no argument.</p><p></p><p>Countries can only prosper from trade. Anyone who thinks otherwise has no business trying his hand in politics in the 21st century. Isolationist countries wither and die. The effect of sanctions is well demonstrated.</p><p></p><p>The USA is not large enough to thrive on it's own. If you suddenly stopped all US trade tomorrow, they sure as sin cannot eat all their own corn and soya production. They cannot import half the electronic components they require. Overnight, over half the capital in their stock exchanges is locked forever.</p><p></p><p>If governments cannot work out how to collect tax, that is a secondary issue. The UK taxes companies on all their activities that occur on UK territory. The results of the Apple and Amazon select committee inquiries demonstrated this ably.</p><p></p><p>Dumping is a separate issue.</p><p></p><p>Plenty of small and medium businesses benefit from overseas trade.</p></blockquote><p></p>
[QUOTE="ollie989898, post: 4941618, member: 54866"] He has no argument. Countries can only prosper from trade. Anyone who thinks otherwise has no business trying his hand in politics in the 21st century. Isolationist countries wither and die. The effect of sanctions is well demonstrated. The USA is not large enough to thrive on it's own. If you suddenly stopped all US trade tomorrow, they sure as sin cannot eat all their own corn and soya production. They cannot import half the electronic components they require. Overnight, over half the capital in their stock exchanges is locked forever. If governments cannot work out how to collect tax, that is a secondary issue. The UK taxes companies on all their activities that occur on UK territory. The results of the Apple and Amazon select committee inquiries demonstrated this ably. Dumping is a separate issue. Plenty of small and medium businesses benefit from overseas trade. [/QUOTE]
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Farm Business
Politics, Covid19 and Brexit
Is Trump Right About Free Trade
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