Free trade has lifted mankind to a level of wealth that was recently unimaginable. In 1990, 38 percent of human beings lived in extreme poverty; today, that figure has fallen to 8 per cent, as previously closed African and Asian economies have joined the global market.

Yet, paradoxically, free trade has never been so out of fashion. Across the world, idealistic people march against trade deals, protest G20 summits, occupy stock exchanges, sincerely believing that, in doing so, they are standing up for the poor against multinational corporations – when, in reality, they are doing the opposite.

Politicians naturally respond to public opinion. We are witnessing a trade war between the world’s largest and second-largest economies. The Uruguay Round, concluded in 1994, was the last successful comprehensive multilateral trade negotiation. Until CPTPP, the last major regional trade deals were ASEAN and NAFTA, agreed in the early 1990s.

We need to recapture the moral case for open commerce. Free trade is not simply a way to buy cheaper iPhones. It is the ultimate instrument of poverty alleviation, conflict resolution and social justice.





Scott Lincicome

@scottlincicome 9 hours ago

If Ayn Rand wrote comedy: twitter.com/arappeport/sta…

Matthew Lesh

@matthewlesh 15 hours ago

If a private company cannot provide a product to market that people want to buy then it should not exist, I explain… twitter.com/i/web/status/1…

Initiative for Free Trade

@IFTtweets 12 hours ago

.@James7Holland made a similar observation in his piece for us: ifreetrade.org/article/how_wi… twitter.com/commonsinttrad…

John Alty

@JohnAlty1 15 hours ago

A global FTA of the willing, based on CPTPP plus EU /Japan and Canada to circumvent US / China fallout : a bold ide… twitter.com/i/web/status/1…

Sam Coates Times

@SamCoatesTimes 23 hours ago

Final YouGov / Times European Election poll - Brexit party on 37% - Tories 5th in 7% - Labour now comfortably 6 po… twitter.com/i/web/status/1…

Laura Kuenssberg

@bbclaurak yesterday

May says Parliament will be given the right to make the decision on customs arrangements ... AND she says bill will… twitter.com/i/web/status/1…