Statement from Ben Harrison, Minnesota Senator, Former Fed Chair

Just as quick as tariff barriers have come down, tax barriers are being erected globally. Japanese and British governments are enacting punitive taxes on foreign corporations, despite all signing unto a Free Trade Agreement. This level of instability is what drives businesses to make difficult decisions about their operations. The reasoning is always the same, "We want stronger DOMESTIC companies." My response is always the same, "Your domestic companies couldn't step up, so foreign companies filled the void." While I fundamentally disagree with the US policy for 0% corporate taxes, I even more strongly oppose breaking down global trade. Markets are designed to let players fill gaps and foreign corporations did exactly that. The result will be the same. Foreign corporations will reduce investments (slowing growth), reduce their footprint (firing workers), and reduce operations (increasing prices). Global prosperity is being weakened by ignorant Protectionists.