Post #13076 by Brickeye on the Berkshire Hathaway board

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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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"If free trade is the goal, many countries would sign up, including possibly China"

China? No way can I see them signing up for a "free" trade deal. They wouldn't even enter the WTO on equal footing and would never allow their State Owned Entities (SOE's) to compete with behemouth international brands. Just take tobacco as an example. Chinese LOVE getting their tax free Marlborough's outside of China and dispersing them as gifts to friends. No way would the government allow cigarettes to be sold inside China on equal footing with the SOE's. Would never happen! And if it did boy would I be suspicious of the execution of that deal.

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