For that to happen, there are six steps the administration and Congress should follow. Give Americans a tariff-rate cut. High barriers also remain on imported dairy products, clothing, textiles, softwood lumber and inter-coastal shipping services. Removing these barriers would put money in the pockets of American families, strike a populist blow against corporate welfare, and set a good example for our trading partners. Seek detente with Europe on trade disputes.
Retaliation is a lose-lose game.
This pain comes with no gain. The administration should drop sanctions as an enforcement tool and pursue less harmful ways of encouraging compliance with WTO rulings. Open our market to the world s poorest nations. Call this compassionate conservatism on a global scale. The United States should do likewise.