So, if we are not going to reform our regulatory system. If we’re not going to talk about the labor burdens we put on American firms, then we have to make sure that our domestic industries don’t fall victim to the predatory practices of these other nations and their corporate cronies.
One of the ways we can do this is to ensure that we don’t economically disarm until these other nations stop their predatory behavior and give up on their crony capitalist ways. When it comes to sugar, Zero-for-Zero is the right policy. It underscores the importance of free trade—but it also recognizes the very real reality that we cannot condone international corporate welfare.
Foreign policy works when we assess threats, and create realistic policies that serve to address those threats. Trade policy works the same way. Zero-for-zero is an honest appraisal of the economic realities faced by US industries, and should be adopted. We have to keep our eyes on the ball.