Re:Trade War Has Damaged U.S. Chip Industry
by bitxbit on Friday June 28, 2019 @08:08AM
(#20303441)
What is free trade though? If you think about it, it’s a form of resource and labor transfer. From poor countries to wealthy ones without reverting to colonialism.
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This is a simplistic statement, but it's an important question as to who benefits from the trade and whether it's really symmetrical. A lot of 90s and 00s anti-globalisation activists discussed this.
(The canonical example of exploitative "free" trade is the banana republics, sponsored by the US for the United Fruit Company)