Ontario to remove barriers to internal trade, labour mobility, in response to U.S. tariffs | CBC News

Premier Doug Ford says new bill introduced Wednesday will help strengthen the economy of the province and country. Ford also signed MOUs with the premiers of Nova Scotia and New Brunswick to support free trade between the provinces.

CBC

FT revisited a Cato/YouGov poll from last August, on free trade and manufacturing jobs.

Americans want more manufacturing jobs in the US, but they don't want to work in manufacturing.

#USPol #economics #freetrade #manufacturing

https://www.cato.org/sites/cato.org/files/2024-08/Globalization%20Survey_2024.pdf

🇪🇺 EU
🔴 EU Seeks New Trade Allies Amid U.S. Tariff Shock

🔸 EU eyes Mercosur, UAE, India & Indonesia to reduce reliance on US & China.
🔸 Merz & Macron align on Mercosur deal; farmers still resist.
🔸 Brussels defends WTO rules as last major global trade stabilizer.

#EU #TradePolicy #Mercosur #Tariffs #India #China #FreeTrade

"A free market operates on #Ricardo’s principle of comparative advantage, where trade exists because no country is self-sufficient. Countries either lack resources (e.g., #India importing crude from the Middle East), infrastructure (e.g., the US importing pharmaceuticals from India), or expertise (e.g., the US and #China importing electronic chips from #Taiwan)."
https://mises.org/mises-wire/demystifying-tariffs
#protectionism #tariffs #freetrade #economics #politics
Demystifying Tariffs | Mises Institute

Thanks to President Trump‘s brinkmanship, tariffs are in the headlines. However, while the public knows about tariffs, few people actually understand them,

Mises Institute

I just read a headline that Macron (France) and and Merz (Germany) aim to ratify quickly the free trade agreement Mercosur (EU-South America).

Yes, the Mercosur many environmentalists, unions and smallscale farmers (e.g. @ViaCampesinaEU ) protested against.

With all the accelerated developments around Trump's unstable tariff announcements, we easily forget that free trade is not automatically good thing.

It's good for the large companies, the ones that can relocate or source their goods from the cheapest corner of the world. Such as the Brazilian companies in the hands of Bolsonaro-supporters, that happily destroy the Amazonas to grow cheap GMO soy for Spanish pig farmers that pollute the groundwater with nitrates and have immigrant workers under extremely bad conditions cutting meat to be exported to China.

Free trade does not solve, and even often aggravates, the problems of workers or the environment. Until a few months ago (specifically: until a former Blackrock executive and neoliberal-conservative ideologist was elected German chancellor), the EU was even considering to establish a CO2-tariff, so that imported goods would have to price in their emissions, in order to not give them an unfair advantage against the companies producing with stricter environmental policies inside the EU[*]. Another very important regulation about human rights in the supply chain got also decaffeinated.

Now, this "the world united against Trump's tariffs"-dynamics will be used by neoliberal assholes to push their agenda of "removing barriers to free trade".

Be careful with whom you associate, these days.

* yes, simultaneously, tariffs and regulations are used by the EU to maintain neocolonial advantages and to continue the exploitation of the Global South. With these power structures in place, *every* situation will be used to favour some and hurting many.

 

#FreeTrade #Economy #Merz #Macron #Tariffs #ThoughtsAboutEconomy #Mercosur #RegenerativeEconomics

The Free Trade Hall.
The only public building in the UK that is named after a concept.

#FreeTrade

#Manchester

.

"Free Trade Agreement" is a euphemism for the people of a country having no control over which products are exported to their country. Products they collectively pay to deal with when they break or reach EoL. Products that put their country in "balance of payments" debt to the countries who claim ownership of the most exports.

Imagine businesses could deliver any product they like to your home, putting you in debt to the countries they come from. That's household-scale "free trade".

#FreeTrade

[Column] After Yoon, Korea must reckon with its imperfect democracy

Our democracy may be storied, but it’s also proven far too fragile

Hankyoreh

"Though the move was downplayed by acting President Han in his interview with CNN Tuesday, the 3-sided agreements will likely work as a breakthrough against Trump's massive tariffs on products from the 3 countries."

https://koreajoongangdaily.joins.com/news/2025-04-09/business/industry/Korea-Japan-China-to-push-for-trilateral-FTA-to-take-on-Trumps-tariffs/2280450

#tariffs #sanctions #economy
#nippon #japan #tax #finance #brics #tech #geopolitics
#AntiImperialism #tiktok #cdnpoli
#antiPalestinianracism #canada #usa #democracy #freetrade #southkorea #china #russia
@blackmastodon
@politics

Korea, Japan, China to push for trilateral FTA to take on Trump's tariffs

Seoul will work to establish an FTA with Tokyo and Beijing in a bid to mitigate the impact of tariffs implemented by U.S. President Donald Trump.

Nippon Steel Is "Canary In The Coal Mine" Of US Protectionism | Business | The ORIENTAL ECONOMIST

At Nippon Steel’s recent annual meeting, executives minimized the political obstacles to its purchase of US Steel. Executive Vice President Takahiro Mori told anxious shareholders, “Once the US pre…

The ORIENTAL ECONOMIST