Clinton and Obama come down against free trade

Despite the well documented and large benefits of free trade, Clinton and Obama each answered a questionaire from the Wisconsin Fair Trade Association making pretty explicit their intent to put an end to free trade. (See Clinton’s responses here, Obama’s here) Both candidates committed to unwind NAFTA and CAFTA and to pppose free trade agreements with South Korea and Panama. Both waffle on DOHA and Fast Track. Tellingly, the comments provided by Clinton’s campaign focus more on broad economic and inustrial policy issues. Obama is much more populist in his arguments and more centrally focused on labor protections. I can already envision the wealth melting away if they deliver on these promises. . . . .

Adrian Moore

Adrian Moore, Ph.D., is vice president of policy at Reason Foundation.