Wednesday, September 07, 2005

CAFTA: Free Trade Me but Not For Thee

Who comes out winning in the CAFTA? Well the special interests of course. Sure there are some improvements but sugar and textiles get some protection. An Independent Institute op-ed goes on to say:

Among the protected products are cotton, tobacco, wool, cashmere, and, oddly enough, hairnets. Import quotas will remain on beef, peanuts and peanut butter, and a range of dairy products including milk and cheese. Consumers in the U.S. would enjoy the lower prices on beef, peanut butter, and dairy products that free international competition brings. It’s too bad CAFTA doesn’t ensure this.

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