May 26, 2009

Free trade dairy debacle with USA was inevitable

Reproduced with thanks to Mike Moreu

The Mari­time Uni­on of New Zea­l­and says the col­lapse of free trade in dairy products going into the United States was pre­dict­able and inev­it­able.

Mari­time Uni­on Gen­er­al Sec­ret­ary Tre­vor Han­son says New Zea­l­and has been naive in allow­ing free trade ideo­logy to replace com­mon sense and had been “led by the nose” by a self-inter­ested sec­tor of busi­ness in New Zea­l­and who put their own interests first.

He says that nations such as the United States would sup­port free trade as long as it served their interests, then would aban­don it when it no longer suited them, which is what had now happened.

Read More »