Libertarian Party Platform

 

 

TRADE BARRIERS

Like subsidies, tariffs and quotas serve only to give special treatment to favored special interests and to diminish the welfare of consumers and other individuals, as do point-of-origin or content regulation. These measures also reduce the scope of contracts and understanding among different peoples. We therefore support abolition of all trade barriers and all government-sponsored export-promotion programs, as well as the U.S. International Trade Commission and the U.S. Court of International Trade. We affirm this as a unilateral policy, independent of the trade policies of other nations. Concurrent with the adoption of this policy shall be the complete and unilateral withdrawal from all international trade agreements including the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA).



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