Politics

Romney supports, opposes free trade with China

Matthew Boyle Investigative Reporter
Font Size:

One day before the all-important Iowa caucuses, former Massachusetts Gov. Mitt Romney continues refusing to clarify his position on free trade with China.

In his 2010 book “No Apology: The case for American Greatness,” Romney argued against protectionism, an ideology that favors tariffs, quotas and other restrictions placed on international trade.

“Personally, I don’t like to see America lose any good jobs,” Romney wrote. “But when I see an American company challenged by a foreign competitor, I don’t look for protectionist policies as an answer to the company’s problems. Instead, I look to see how that company can become competitive once more, drive off its foreign foe, and propel its own products into foreign markets.”

But during the 2012 presidential campaign, Romney has taken the opposite position.

During an Oct. 24 radio interview with the Fox News Channel’s Sean Hannity, for instance, Romney promised that on “day one” of his presidency he would impose new tariffs on trade with China, and classify the nation as a “currency manipulator.”

“At some point, you’ve got to stand up for your rights and say ‘these people are cheating,” Romney told Hannity. “They’re killing certain industries. This just can’t go on forever. It’s simply unacceptable.”

In an Oct. 13 Washington Post op-ed, Romney argued that China is a cheating country, and that free trade only works if every nation plays by the same rules. Romney’s campaign doubled down on that argument Monday. (RELATED: Full coverage of Mitt Romney)

“China has systematically cheated on its obligations as a participant in the international economy, taking advantage of the openness of the American market while keeping its own market closed,” a Romney spokesperson told The Daily Caller.

“Governor Romney believes that the United States must confront China over its unfair trade practices and present it with serious consequences if it continues to distort the free market for its own benefit. He recognizes that firm action against cheaters is crucial to strengthening and expanding free trade around the world.”

In December, the Wall Street Journal reported that Romney “shed” all his investments in China after he took up his new talking points. Romney and his wife previously had about $1.5 million invested in blind trusts in China.

Former Utah Gov. Jon Huntsman, a fellow GOP presidential candidate who was the U.S. ambassador to China during two years of President Barack Obama’s administration, has criticized Romney for his foreign policy inconsistencies, specifically with respect to China.

“What we see in Romney is someone who has been involved there through business practices but yet doesn’t have a formulated policy that takes into account the complexities,” Huntsman foreign policy director Randy Schriver told Foreign Policy Magazine in August. “Romney is essentially weak on foreign policy, and China is a complex issue to handle.”

Democratic National Committee spokesman Brad Woodhouse told TheDC that Romney’s inconsistency on how to deal with China on trade is another of what critics describe as a long list of flip-flops.

“Romney couldn’t find a consistent position on an issue with a flash light and two hands, including on how to deal with China on trade,” Woodhouse said in an email. “He was against holding China accountable for unfair trade practices when he had his own money invested there and was for it once he sold his investments. Mitt Romney’s approach to China trade is like his approach to politics and high finance — whatever benefits him most at the time.”

Follow Matthew on Twitter

PREMIUM ARTICLE: Subscribe To Keep Reading

Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign Up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
BENEFITS READERS PASS PATRIOTS FOUNDERS
Daily and Breaking Newsletters
Daily Caller Shows
Ad Free Experience
Exclusive Articles
Custom Newsletters
Editor Daily Rundown
Behind The Scenes Coverage
Award Winning Documentaries
Patriot War Room
Patriot Live Chat
Exclusive Events
Gold Membership Card
Tucker Mug

What does Founders Club include?

Tucker Mug and Membership Card
Founders

Readers,

Instead of sucking up to the political and corporate powers that dominate America, The Daily Caller is fighting for you — our readers. We humbly ask you to consider joining us in this fight.

Now that millions of readers are rejecting the increasingly biased and even corrupt corporate media and joining us daily, there are powerful forces lined up to stop us: the old guard of the news media hopes to marginalize us; the big corporate ad agencies want to deprive us of revenue and put us out of business; senators threaten to have our reporters arrested for asking simple questions; the big tech platforms want to limit our ability to communicate with you; and the political party establishments feel threatened by our independence.

We don't complain -- we can't stand complainers -- but we do call it how we see it. We have a fight on our hands, and it's intense. We need your help to smash through the big tech, big media and big government blockade.

We're the insurgent outsiders for a reason: our deep-dive investigations hold the powerful to account. Our original videos undermine their narratives on a daily basis. Even our insistence on having fun infuriates them -- because we won’t bend the knee to political correctness.

One reason we stand apart is because we are not afraid to say we love America. We love her with every fiber of our being, and we think she's worth saving from today’s craziness.

Help us save her.

A second reason we stand out is the sheer number of honest responsible reporters we have helped train. We have trained so many solid reporters that they now hold prominent positions at publications across the political spectrum. Hear a rare reasonable voice at a place like CNN? There’s a good chance they were trained at Daily Caller. Same goes for the numerous Daily Caller alumni dominating the news coverage at outlets such as Fox News, Newsmax, Daily Wire and many others.

Simply put, America needs solid reporters fighting to tell the truth or we will never have honest elections or a fair system. We are working tirelessly to make that happen and we are making a difference.

Since 2010, The Daily Caller has grown immensely. We're in the halls of Congress. We're in the Oval Office. And we're in up to 20 million homes every single month. That's 20 million Americans like you who are impossible to ignore.

We can overcome the forces lined up against all of us. This is an important mission but we can’t do it unless you — the everyday Americans forgotten by the establishment — have our back.

Please consider becoming a Daily Caller Patriot today, and help us keep doing work that holds politicians, corporations and other leaders accountable. Help us thumb our noses at political correctness. Help us train a new generation of news reporters who will actually tell the truth. And help us remind Americans everywhere that there are millions of us who remain clear-eyed about our country's greatness.

In return for membership, Daily Caller Patriots will be able to read The Daily Caller without any of the ads that we have long used to support our mission. We know the ads drive you crazy. They drive us crazy too. But we need revenue to keep the fight going. If you join us, we will cut out the ads for you and put every Lincoln-headed cent we earn into amplifying our voice, training even more solid reporters, and giving you the ad-free experience and lightning fast website you deserve.

Patriots will also be eligible for Patriots Only content, newsletters, chats and live events with our reporters and editors. It's simple: welcome us into your lives, and we'll welcome you into ours.

We can save America together.

Become a Daily Caller Patriot today.

Signature

Neil Patel