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Dominic Pino
@DominicJPino
There's no way to Reaganwash this. Avg. tariff rate below 4% Reagan's entire presidency. Reagan negotiated Canada FTA, wanted free trade with whole Western hemisphere. Reagan was not as consistent a free trader as he could have been. He was clearly not a Trump protectionist.
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Kevin Roberts
@KevinRobertsTX
Replying to @KevinRobertsTX
Reagan's timeless list (from 1985) of violations against free trade: "When domestic markets are closed to the exports of others, it is no longer free trade. When governments subsidize their manufacturers and farmers so that they can dump goods in other markets, it is no longer
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Charles O'Casey
@CharlesOCasey
Mercantilism is alive and well, we just don't call it that anymore. Had we been explicitly free trade, we would still be using the British arms in 1812 and again in 1860. Free trade agreements are one page long. I also think the UK lost ground when it became more free trade.
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AmericaFirstMom
@AmericaFirstMo1
During the Reagan administration, the U.S. went heavily into debt and ran an international trade deficit of billions of dollars a year. Neither of these trends has stopped since the Reagan period; addiction to foreign oil and imported consumer products has made the U.S. spend far
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P.C. Outsider
@PhilOutsider
Retreating in the face of truth? Im shocked. I thought you were a consistent liberal. How’d he get an agreement with Canada without threatening a trade war, though? Maybe you should look into this a little more closely.
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Skier’s Right
@SkiersRight
I don’t know tarifs on lumber each way, but I do know that Canada subsidizes their lumber mills so we ship logs north to be milled before we pay tariffs to get the lumber back. So maybe the Canadian tarif is low, but they still distort the market.
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Bob Jeffers
@bobjeffers559
I wish they could get their talking points consistent. One moment Reagan sold out American manufacturing and flooded America with immigrant labor, the next he was proto-Trumpian and "he supported tariffs ackshully".
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Russell Koch
@Russwkoch
“Free trade” works for elites and office drones who offshore production to low cost nations. They can sell them raw materials and import their goods maximizing profits. No engineers, managers, or workers needed. Combine that with ZIRP and you’ll need a bigger dock for your yacht
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Jerry Slater
@Jer09159
It's stunning how you assholes all want to predict what's going to happen without any idea what the strategy at play might be, and how the tariffs may lead to negotiations that advance things without the tariffs even applying. You're all full of shit crystal ball readers.
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Medi Classis
@mediclassis
You cannot look at trade in avg. tariff rate only, international trade is much more complex Currency, regulations, enforcement also pay big roles This is one day after Plaza Accord, the libertarians hated Reagan until Trump came along
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Medi Classis
@mediclassis
Ronald Reagan believed in trade that is: 1. balanced 2. fair 3. reciprocated Reagan was not a laissez-faire free trader Reagan enacted tariffs and advocated for currency intervention to weaken the dollar Sep 23, 1985 (a day after Plaza Accord)
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GuttChek
@GuttChek
Yes...and Reagan also declared a General Amnesty (his worst mistake)....and in the proceeding decades, the negative impact has become apparent on low/middle-class income growth.
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C King
@KingCcking3
No question Reagan’s rhetoric better than Trump. But not clear yet that they aren’t pushing the same thing.
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