Trade Barriers

The Constitutionalist Party advocates a reduction of trade barriers to the level where the barriers only compensate for the differences in wage overhead between the United States and other countries. One thing the minimum wage laws have done, as well as our booming economy, is make the overhead cost of American workers much higher than that of other countries with smaller economies that pay lower wages. Other than to compensate for this difference, America is only catering to special interests and political allies when it imposes other trade barriers upon the imports from other countries. In addition, the act of raising trade barriers usually is met with similar trade barriers from the other countries, which results in losses in our exports to compensate for our gains from the barriers. Our government should stay out of the politics of using trade barriers to support American businesses and instead be seeking to generate a level field by which competition and the capitalist market makes the companies stronger and the quality of the goods and services produced better.

The Constitutionalist Party advocates relaxing antidumping regulations.

The Constitutionalist Party supports continued participation in the World Trade Organization (WTO). The WTO is little more than a formal institution by which nations can conduct trade negotiations. It has no power to punish countries that refuse to lower trade barriers or create more. The WTO provides an open forum and third-party arbitration of grievances, and encourages free trade practices.


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