Free trade should be fair trade
By Katie Llanos-Small, July 27th, 2008
On her weekend visit, US Secretary of State Condoleeza Rice indicated that the US is open to “warming” relations with New Zealand. This wee country has been left out of all the fun and games (the US won’t do military training exercises with Kiwis, despite the fact the two countries’ troops are active in Afghanistan, for example) because of a ban on nuclear ships entering its waters.
Media talk has edged around a free trade agreement. It’s a long way off, but it’s not a bad goal – depending on how far backwards New Zealand would have to bend to sign it. At the moment, a small-scale dairy exporter who wants to try its luck in the US market has to give a fifth of its takings to the US government in import tariffs. Cutting that back would be a good thing.
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