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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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Simon Lester

@snlester 2 hours ago

In spite of globalization, there is still plenty of protectionism in place. It would be helpful if someone would do… twitter.com/i/web/status/1…

Initiative for Free Trade

@IFTtweets an hour ago

So your primary interest in insisting on UK adoption of EU environmental standards is to protect EU companies from… twitter.com/i/web/status/1…

Pieter Cleppe

@pietercleppe 2 hours ago

We'll happily accept it, also to increase pressure on regulators, in particular the EU, to reduce protectionist ove… twitter.com/i/web/status/1…

Initiative for Free Trade

@IFTtweets 8 hours ago

Congratulations, @BCA_eco! Always good to see new pro-market environmental initiatives. De-growthers are wrong -… twitter.com/i/web/status/1…

Daniel Hannan

@DanielJHannan yesterday

The UK wants the friendliest possible relationship with Luxembourg, whose independence it guaranteed in 1839 and 18… twitter.com/i/web/status/1…

Initiative for Free Trade

@IFTtweets yesterday

Chairman of the Bundestag's Foreign Affairs Committee: twitter.com/n_roettgen/sta…

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