Our Founding Fathers Rejected
FREE TRADE And So Should We

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China MFN Repeal Would Generate $198 Billion for U.S. Taxpayers

Most goods imported from China have currently zero or a very low tariff levied on them. The weighted average of last year’s imports was 2.5% under MFN. The tariff rate under MFN removal would result in a 39.9% weighted tariff rate. Since 2001, the trade deficit with China has grown by about $300 billion to a total of $382.9 billion, by far the largest the U.S. runs with any country. Despite full participation in the global trading system, China remains an authoritarian, non-democratic country.

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