The automakers, and many other Detroit industries, are protected from foreign competition by tariffs on imported goods. But last week, Detroit's Board of Commerce, whose 6,000 members include many top automakers, made the radical proposal that all U.S. tariffs be abolished, and that there be free trade everywhere. Said the board: the U.S. has reached a stage where the best interests of labor, consumers and industry are not served by high protective tariffs.
The radical proposal was the result of ten years' study of foreign trade, much of it done under the direction of...
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