Tariff Barriers Quotes
Referring to NAFTA, CAFTA and other international trade agreements
This summary of the problem of trying to politically “sell” free trade is as good as anyone has ever said it in America. And the problem and argument has not changed since. Free trade is good for most, but really harms some in specific situations. The beneficiaries often do not realize who they are or how they have benefitted, but those who are harmed generally know exactly how and what the damages are.
This historical quotation shows us that the nation under Republican control at the end of the 19th century was highly protectionist. In addition. It shows us how a party can flip flop on its most cherished principles. A century later, free trade was the cornerstone of Republican philosophy and opponents who held to the Republican 19th century principles were accused of being detriments to the American growth and economic system.
At the time, Republicans were the protectionists and Democrats were free traders—the reverse of the party roles at the end of the 20th century and the beginning of the 21st.
1st Earl of Beaconsfield