Free trade — not corporatist, managed trade — is the best guarantor of peace and prosperity. Protectionism leads to trade wars which very often lead to hot wars. In the US presidential race the issue of tariffs and other taxes on trade have begun to enter the conversation. We should remember how dangerous this kind of isolationism is, especially to working and middle class Americans. In today’s Liberty Report, Ron Paul explains the importance of real free trade:
Reprinted from The Ron Paul Institute for Peace & Prosperity.