Question

Can somebody to help with the following questions, I really appreciate with your help:

1) Write a short summary of the article (2 paragraphs or more).

2) Do you agree or disagree with the author?

3) In your opinion, from the U.S. perspective, what actions should the U.S. take against nations with unfair trade practices?

Free Trade Is a Two-Way Street

The Trump administration last week celebrated the workers and businesses that make this country great. The purpose of "Made in America Week" was to recognize that, when given a fair chance to compete, Americans can make and sell some of the best, most innovative products in the world. Unfortunately, many governments across the globe have pursued policies that put American workers and businesses at a disadvantage. For these governments, President Trump and his administration have a clear message: It is time to rebalance your trade policies so that they are fair, free and reciprocal. Many nations express commitment to free markets while criticizing the U.S. for what they characterize as a protectionist stance. Yet these very nations engage in unfair trading practices, erect barriers to American exports, and maintain significant trade surpluses with us. They argue that our $752.5 billion trade deficit in goods last year was simply a natural and inevitable consequence of free trade. So, they contend, America should have no complaints. Our major trading partners issue frequent statements regarding their own free-trade bona fides, but do they practice what they preach? Or are they protectionists dressed in free-market clothing? When it comes to trade in goods, our deficits with China and the EU are $347 billion and $146.8 billion, respectively. As the nearby chart shows, China's tariffs are higher than those of the U.S. in 20 of the 22 major categories of goods. (See accompanying chart -- WSJ Aug. 1, 2017) Europe imposes higher tariffs than the U.S. in 17 of 22 categories, though the chart does show that the EU and China are much different regarding tariff rates. The EU charges a 10% tariff on imported American cars, while the U.S. imposes only a 2.5% tariff on imported European cars. Today Europe exports 1.14 million automobiles to the U.S., nearly four times as many as the U.S. exports to Europe. China, which is the world's largest automobile market, has a 25% tariff on imported vehicles and imposes even higher tariffs on luxury vehicles. In addition to tariffs, both China and Europe enforce formidable nontariff trade barriers against imports. Examples include onerous and opaque procedures for registering and gaining certification for imports; unscientific sanitary rules, especially with regard to agricultural goods; requirements that companies build local factories; and forced technology transfers. The list goes on. Both China and Europe also bankroll their exports through grants, low-cost loans, energy subsidies, special value-added tax refunds, and below-market real-estate sales and leases, among other means. Comparable levels of government support do not exist in the U.S. If these countries really are free traders, why do they have such formidable tariff and nontariff barriers? Until we make better deals with our trading partners, we will never know precisely how much of our deficit in goods is due to such trickery. But there can be no question that these barriers are responsible for a significant portion of our current trade imbalance. China is not a market economy. The Chinese government creates national champions and takes other actions that significantly distort markets. Responding to such actions with trade remedies is not protectionist. In fact, the World Trade Organization specifically permits its members to take action when other countries are subsidizing, dumping and engaging in other unfair trade practices. Consistent with WTO rules, the U.S. has since Jan. 20 brought 54 trade-remedy actions -- antidumping and countervailing duty investigations -- compared with 40 brought during the same period last year. The U.S. currently has 403 outstanding orders against 42 countries. But unfortunately, in its annual reports, the WTO consistently casts the increase of trade enforcement cases as evidence of protectionism by the countries lodging the complaints. Apparently, the possibility never occurs to the WTO that there are more trade cases because there are more trade abuses. The WTO should protect free and fair trade among nations, not attack those trade remedies necessary to ensure a level playing field. Defending U.S. workers and businesses against this onslaught should not be mislabeled as protectionism. Insisting on fair trade is the best way to ensure the long-term strength of the international trading system. The Trump administration believes in free and fair trade and will use every available tool to counter the protectionism of those who pledge allegiance to free trade while violating its core principles. The U.S. is working to restore a level playing field, and under President Trump's leadership, we will do so. This is a true free-trade agenda.

Mr. Ross is U.S. secretary of commerce.

Credit: By Wilbur Ross

Answer 1

FREE TRADE has brade as has Recently the event "Plode in America » week provided fair competition to buy sell Anceni con products. The Trumbo admire's hofton message to other countries whose policores disadvantages Americant businesses to rebalance & conreet their policies to ensure fores fair what they commit: Us, tradende fuait of $ 752 billion, out of this China & Ev 'has res becitively $347 B $146 billion ruspartives. This is due to be higher importe tax than us Other non fault badă beerders like opaque procedures, Unscientific Sonilany rules, ex brouidid providing vaslious souhlbart to their exporks like grouts, low-cost loans etc economy gout action distort market steps against As per the US govtiste king acton such unfair trade practices like dumping which WTO also allows. In remedy action takes has issued outstanding action against 43. con mes. The US action is to ensure level playing field to provide long-term strength to to International trading system China is not market so chinese gan 54. 2. Yes, I agree with the author.

by 3. Adions US govt fake achons against unfair trade practicesi (1) Try to balance trade. bilateral talks ke the countries which have good relation with us like India (2) Ask to neutralise high is born to taxes on US broducts. For ex decrease tex, on,car from 251.- (3) Increase import taxes on countries like China & European Union to ensure fair competition. (4) Appeal Complair in WTO for redone redressal (5) Fordulate policies to check trade deficit.