The 1948 General Agreement on Tariffs and Trade (GATT) was replaced 12/1994 by the WTO (World Trade Organization) after fast-tracking and bypassed as a non-treaty in the Senate after Democrats were shellacked in the November election.
An international bureaucracy based in Geneva manages our trade differences with tribunals usually in favor of the foreign corporation, foreign government, foreign industry.
US Taxpayers subsidize foreign governments, foreign industries, foreign corporations, developing nations through the WTO, IMF, USAID, Export-Import Bank, Job Overseas Outsourcing, Duty Free Trade, and more programs.
The term "free trade" is a fraud. The only free trade taking place is between some US States and consumers without taxes.
This comment was left by MrsPhartootski at Breitbart.com - Read more of MrsPhartootski's comments at https://disqus.com/by/mrsphartootski/
Read the article http://www.breitbart.com/big-government/2016/07/03/obama-roadtests-globalization-pitch-build-support-freer-trade/
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