• About Us
  • Activity
  • Advertising
  • Books
  • Business
  • Contact
  • Dashboard
  • EB5
  • Entertainment
  • feedback
  • Forgot Your Password?
  • Government
  • Home
  • Interviews
  • Login
  • Members
  • Meme generator
  • National
  • Nevada
  • Nevada News and Views
  • Newsmax
  • NN&V Ads
  • Opinion
  • Pick a New Password
  • Politics
  • Polls
  • Privacy Policy
  • Profile
  • Recent comments by me
  • Recent comments on my posts
  • Register
  • Submit post
  • Subscribe
  • Subscription Confirmation
  • Survey
  • Survey
  • Terms of Service
  • Today’s Top 10
  • Travel
  • Travel
  • Travel
  • Welcome!
  • Yop Poll Archive
Nevada News and Views
  • About Us
  • Advertising
  • Contact
  • More
    • Nevada
    • Opinion
    • Business
    • Travel
    • News
    • Sports
  • Facebook

  • Twitter

  • Pinterest

  • RSS

Business

Trump-Yoho “Zero for Zero” Trade Doctrine Moves Forward Big Time

Trump-Yoho “Zero for Zero” Trade Doctrine Moves Forward Big Time
N&V Staff
July 31, 2018

(Chuck Muth) – For years now, Rep. Ted Yoho (R-FL) has been pushing a simple, common-sense proposal related to the U.S. sugar program: Zero for Zero.

In essence, the resolution stipulates that the U.S. will eliminate its program of targeted tariffs and quotas on imported sugar in return for the elimination of government subsidies for foreign sugar producers.  Zero tariffs for zero subsidies.

Opponents – primarily lobbyists for sweets and treats manufacturers who want to pad their bottom lines with subsidized/artificially cheap foreign sugar – have argued the proposal, as fair and reasonable as it might be, was unrealistic; that nobody would go for it.

But that was before Donald Trump became president.

On July 24 the president put out this tweet…

“The European Union is coming to Washington tomorrow to negotiate a deal on Trade. I have an idea for them. Both the U.S. and the E.U. drop all Tariffs, Barriers and Subsidies! That would finally be called Free Market and Fair Trade!”

That’s…zero for zero.  And get this:  The EU went for it!

Indeed, the very next day President Trump announced an historic agreement with the EU to avoid a “trade war.”  An excerpt from the president’s remarks at a joint press conference with European Commission President Jean-Claude Juncker…

“Already today, the United States and the European Union have a $1 trillion bilateral trade relationship — the largest economic relationship anywhere in the world.  We want to further strengthen this trade relationship to the benefit of all American and European citizens.  This is why we agreed today, first of all, to work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods.”

That’s…zero for zero.  The Yoho proposal critics have said no one would go for.

“We should be able to agree that no tariffs and no subsidies is a good deal for both sides,” writes columnist George Rasley.  “If there was ever a time to press for the kind of free trade that conservative and libertarian-leaning politicians claim they are for it is now.

“Trump’s plan to seek freer, fairer, and more reciprocal trade when the United States is in a strong, and growing stronger, economic position is in the best interest of America’s taxpayers, producers, consumers and national security.”

Critics in Congress who claim a zero-for-zero free market/fair trade deal can’t be done should get out of the way of people who are actually doing it.

Mr. Muth is president of Citizen Outreach and publisher of Nevada News & Views

Prev postNext post

Related ItemsbusinessFeatured ArticleGovernment
Business
July 31, 2018
N&V Staff

Related ItemsbusinessFeatured ArticleGovernment

More in Business

Graves: Don’t Allow Subsidized, Foreign Sugarcane to Enter U.S. Markets

N&V StaffNovember 1, 2022
Read More

Conservatives Should Not Surrender on Sugar

N&V StaffOctober 7, 2022
Read More

Sugar Growers Outraged by New Study Showing Big Candy Posting Big Profits

N&V StaffSeptember 26, 2022
Read More

Behold the First Truly Post-Trump Farm Bill – Properly This Time, DC Conservatives

N&V StaffSeptember 19, 2022
Read More

Food security issues, farmers’ pessimism greet the 2023 farm bill

N&V StaffSeptember 16, 2022
Read More

Runaway inflation puts American food security at risk

N&V StaffSeptember 14, 2022
Read More
Scroll for more
Tap

Subscribe Free By Email

Looking for the best in breaking news and conservative views? Let Chuck do all the work for you! Subscribe to his FREE "Muth's Truths" e-newsletter.

* indicates required
Nevada News and Views
Nevada News & Views is an educational project of Citizen Outreach Foundation, a non-partisan IRS-approved 501(c)(3) organization. It is not associated or affiliated with any political party or group. Nevada News & Views is accessible by the public at no cost. It funds its operations through tax-deductible contributions from donors and supporters and does not accept government money or grants.

TAGS

Featured Article Nevada Politics business Muth's Truths government Opinion Government Muth’s Truths Obama Ron Knecht News Donald Trump GOP Republicans

Copyright © 2022 Citizen Outreach | Maintained by VirtualAlly

Laxalt Seeks School Safety
Statewide Television and Radio Partnership