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Free trade has lifted mankind to a level of wealth that was recently unimaginable. In 1990, 38 percent of human beings lived in extreme poverty; today, that figure has fallen to 8 per cent, as previously closed African and Asian economies have joined the global market.

Yet, paradoxically, free trade has never been so out of fashion. Across the world, idealistic people march against trade deals, protest G20 summits, occupy stock exchanges, sincerely believing that, in doing so, they are standing up for the poor against multinational corporations – when, in reality, they are doing the opposite.

Politicians naturally respond to public opinion. We are witnessing a trade war between the world’s largest and second-largest economies. The Uruguay Round, concluded in 1994, was the last successful comprehensive multilateral trade negotiation. Until CPTPP, the last major regional trade deals were ASEAN and NAFTA, agreed in the early 1990s.

We need to recapture the moral case for open commerce. Free trade is not simply a way to buy cheaper iPhones. It is the ultimate instrument of poverty alleviation, conflict resolution and social justice.

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Dmitry Grozoubinski

@DmitryOpines yesterday

A potential shortage of the very things people can't stockpile, brought about by trade restrictions intended to pre… twitter.com/i/web/status/1…

Greg Hands #StayHomeSaveLives

@GregHands yesterday

Important piece from ⁦@ShankerASingham⁩ at ⁦@GlobalVision_UK⁩ on Agriculture & Trade on how the UK’s first steps at… twitter.com/i/web/status/1…

Jonathan de Leyser

@Jon_deLeyser yesterday

The Kiwis really are fairly excellent at trade policy, aren't they? 👊 @MFATNZ 🇳🇿 twitter.com/VangelisVNZ/st…

Vangelis Vitalis

@VangelisVNZ yesterday

@alanbeattie 1/2 This is worth a read: grim. But some of us - as @alanbeattie generously reports- aren’t waiting ar… twitter.com/i/web/status/1…

Dom Walsh

@DomWalsh13 yesterday

There we go then! Seems that it wasn't an ideological opposition to co-operation with the EU after all - just a com… twitter.com/i/web/status/1…

Dan Ikenson

@dikenson 2 days ago

But the TRADE DEFICIT!!!!! twitter.com/cnn/status/124…

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