Unfettered Free Trade Proposal Could Revolutionize Global Economy
The main goal of the article is to propose unfettered free trade as a key policy plan for the United States. The approach involves advocating for trade liberalization through free trade agreements or within the WTO. Currently, progress towards liberalization is hindered by the need for reciprocity, where countries must agree to reduce trade barriers in exchange for others doing the same. If a country raises its trade barriers or reneges on agreements, retaliation is allowed.