Economic Interdependence Quotes
There was a time when American business was not particularly interested in foreign markets. The entire nation was much more isolationist then.
It is very easy for an American company to make parts in the United States, ship them to Mexico for assembly and bring the finished product back. However, for counties like France it is much more difficult.
The U. S. was very protectionist in its early history. Grant overestimated the time that it would take for us to change by about 100 years.
In England at the time, the liberals were for free trade and the conservatives against. In both England and America both liberals and conservatives have flip flopped their roles in foreign trade several times. Free trade is a two edged sword; it aids domestic growth, employment and prosperity in some cases and hurts them on others. And there are always winners and losers for each example of free trade within any country. The result is no long term commitment and much flip flopping.