Brexit Question on Free Trade

by Mike ‘Mish’ Shedlock
Mish Talk

A reader asks if my stance of free trade is consistent with Brexit.

Reader Craig asks

Hi Mish,

I just thought of this, you are very free tradeopen markets. In fact you advocate eliminating all tariffs in the USA. The elimination of tariffs is one of the intended goals of the EU. You however were for Brexit, which most people would think is anti-free market, or anti-free trade. Your stance this seems to be contradictory. Have you changed your stance since you stated that “the first country that practices free trade regardless of what anyone else does will be a winner.” or I’m I missing something?

Yes you are missing something. Many things in fact.

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