On “Free Trade” Agreements

The free trade [sic] agreement between Peru and the US was signed recently. There’s no doubt that some trade will be increased, sure. But this is far from free. It’s managed trade. It’s not unrestricted trade between any willing buyer and any willing seller. Indeed, you can read the text of the agreement here and draw your own conclusion. The agreement consists of several sections filled with legalese. Take, for instance, the 43-page section about textiles and apparel which is filled with “free trade” language such as this: At the request of an interested entity, the United States shall, within … Continue reading On “Free Trade” Agreements