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#freetrade

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alojapan.com/1252355/not-appro Not appropriate to discuss security & trade together with US: Japanese PM #FreeTrade #Japan #JapanNews #JapanUSRelations #Japanese #JapaneseNews #news #ShigeruIshiba #TradeNegotiations #USTariffs Japanese Prime Minister Shigeru Ishiba said on Sunday that it would not be appropriate to discuss security and trade together with the US. “I don’t think it is appropriate to discuss security and trade together. We should address security issues…

Not so quick: free trade sucks, too.

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.

:anarchism:

"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".

#SirKeirStarmer is in an impossible situation. He's trying to thread a needle that doesn't have a hole. Make no mistake this is still #newlabour and there is little to distinguish them from #conservatives. Like so many countries all the parties are in thrall to #neoliberalism and they won't move away from it. To do so would be to admit neoliberalism is a disaster. Instead they do what all UK govs do when the going gets tough, #austerity because they have no solution. They are tied to the #US and the fantasy of "#freetrade". The #tories knew this but they had no plan and that's why they called elections. When they get back in, they still won't.

When ‘Australia’ was upset with the Japanese during League of Nations the then-PM ‘Billy’ Hughes made a purposeful effort to lobby US senators to get them onside despite the President’s position on the matter (‘Racial Equality’).

Meanwhile - fast forward to present day: Australia’s Leaders, Dutton and Albanese are content with just focusing on their election campaigns.
sbs.com.au/news/article/tariff
#AusPol #AusVotes2025 #TradeWar #AusBiz #FreeTrade #Tariffs #InternationalRelations

SBS NewsTariffs on 'incredibly important' ally Australia branded 'insulting' in fiery US Senate hearingA Senate Finance Committee hearing in the United States has seen one of Trump's trade chiefs come under fire over tariffs, with the representative admitting to "running up the score" on Australia.

"The big, long-term question: what does the global trading system look like? The thing to watch for is whether the kind of deals Vietnam and others are making with the US end up destroying the most-favoured-nation principle underlying the World Trade Organization by giving the US special treatment. I’m moderately optimistic on this one. Label these deals as preferential trade agreements (which is pretty dodgy under WTO rules, but there are plenty of weak PTAs about already), recognise that many won’t make much difference to US exports anyway and move on. It strikes me that, if anything, attachment to the multilateral system, particularly in open trading economies like the south-east Asian nations, has increased as a result of the US threatening it. If countries are looking for a framework of international trade law, the WTO provides it. Unfortunately, though, I don’t see much sign that India is going to stop playing its spoiler role and paralysing the negotiations part of the WTO (as the US tried with the dispute settlement system)."

ft.com/content/3a6c0561-0628-4

#USA#Trump#Tariffs