Protectionist – yeah it sure is. In a sense, the EU tells the rest of the world that either they adopt the same non-sensical policies that the EU saddles itself with or their wares get hit by a tax. Let’s skip the inevitable debate that its EU citizens will end up paying for it through higher prices but the principle of a border adjustment tax is not without merit. I am all for free trade but for that to work you need an even playing field among all members. That is very, very far from being the case.
Rudolf Huber was featured in those quality publications
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