Trade retaliation can be a legitimate tool to compel countries that have benefited from another nation's markets to open up their own markets, thereby promoting open and fair international trade systems.
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Singapore's PM Lee Kuan Yew: Is TRADE RETALIATION FAIR?Hinzugefügt:
It is right to compel not only the Japanese, but also the others to help the system function better.
And if threatening retaliation for unequal access to markets is part of this process towards open and fair trade then so be it.
America has the right to ask that those who have benefited from America's markets open up their own.
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