The deceptive promise of free trade | DW Documentary MP3 VIDEO DOWNLOAD

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  • Published on Jun 6, 2018

  • Global trade is a hot topic of the G7 summit in Canada. Is free trade truly free - and fair? What roles do US President Trump, economic powerhouse China, and the EU play in global trade? When it comes to global trade, it would seem that trickery, threats and deception are the order of the day - yet all this takes place largely beyond the reach of the public eye. Donald Trump has made "America First” his agenda and rallying cry. Along with aiming sharp criticism at global export champion Germany, Trump has also introduced punitive tariffs and warned of further measures. Will this fresh wave of protectionism lead to economic isolationism and threaten global free trade? And what about those for whom free trade’s promise of prosperity increasingly rings hollow? Around the world, many people have come to regard themselves as the losers of globalization. If the true winners of free trade and globalization are not ordinary citizens, has the time come to revise the liberal orthodoxy of free trade? This documentary visits Germany, Switzerland, the United States and Cameroon to explore these issues by way of some everyday examples, including the trade in onions, floor tiles, and bicycles. _______ DW Documentary gives you knowledge beyond the headlines. Watch high-class documentaries from German broadcasters and international production companies. Meet intriguing people, travel to distant lands, get a look behind the complexities of daily life and build a deeper understanding of current affairs and global events. Subscribe and explore the world around you with DW Documentary. Subscribe to DW Documentary: https://www.youtube.com/channel/UCW39... For more documentaries visit: http://www.dw.com/en/tv/docfilm/s-3610 Instagram https://www.instagram.com/dwdocumentary/ Facebook: https://www.facebook.com/dw.stories DW netiquette policy: http://www.dw.com/en/dws-netiquette-p...
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  • DW Documentary

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  • Nothing is ever truly free. There's always a price one pays, in one form or another.

  • There are two sides to every thoughtful discussion, and good documentaries expose both sides. You have nicely shown how local food producers can sell their products for more if imports from other countries are barred from competition. Not even mentioned is the fact that consumers in that same country will end up paying more for the same food. Everybody eats food, but only a fraction of the population sell that food. So, you make everybody in the country pay more for food, to benefit a minority who want to charge more for something that can be made more efficiently elsewhere. Even worse, when a country penalizes imports, don't be surprised if other countries erect reciprocal trade barriers against your exports. So, those avocados that are more easily made in your favorable climate are slapped with extra duty when exported to other countries. In the end, everybody pays for extra taxation, both ways, and trade is stifled when consumers are barred from making their own decisions. Unfortunately, extra taxes have a way of disappearing to corruption and inefficiency rather than being reinvested wisely in a country.

  • The ladies in Philly don't like Donald Trump but he appears to be taking steps to try and shift production back in their country. Would they agree????????? Making a pretense to buy American-made but they buy a Volvo. Wooptee-doo!! Hypocrites.

  • As an African, I must commend you on being unbiased. You should also cover how the USA recently threatened Rwanda when they wanted to put tariffs on imported clothes in order to revive their local industry.

  • Any time We centralize control, like the "WTO" , You will find Corruption, and lots of it.. Even if it starts out with good intentions, it will eventually be corrupted by greed.. EVERY TIME !! No exceptions. Usually sooner than later.. That's a FACT !

  • She bought a Volvo and she used to sell cars. I guess she knows how far down American cars have fallen.

  • The Cameroon piece, Women in the Village seem to do all the planting and a quite a bit of the work. Where are the men?

  • How can you describe Philadelphia as a dynamic city when there is no employment?

  • Simply put if you put all the fish in one tank then all the big fish will eat up the smaller fish. So it is with free trade when all economies are put into one economic tank and the biggest fish eats all other economies. In 1994, the North American Free Trade Agreement came into play when the US saw that it would be a huge benefit to flood global markets with it's goods and now it has lost it's edge forever as it never expected a country like China to surpass it.

  • Everybody opposes protectionism... except for themselves.

  • The biggest problem with free trade agreements like the WTO, IMO, is that they see people only as consumers. They like to preach the low prices on products made in low-wage countries (though many economists have said that this is a fallacy) but people are not just consumers; they are also workers, business owners, homeowners and parents and if they lose their jobs and their businesses to low-wage countries because of free trade, they're not going to care what the cost of a dvd player is if they can't pay their mortgage.

  • China only pays $1.50 for per hour that's why they make everything.

  • So earlier Europeans colonized the whole world to plunder and loot so that they could benefit their respective home country, by losing some military. Now Germany leads the way showing everybody how to do the same under the disguise of "free trade" using WTO's unfair agreements.

  • I'm an American citizen. I love these DW broadcasts I catch on YouTube. They are very enlightening and lack the feel of propaganda. It seems to be a service I can trust. Great reporting guys.

  • DW is 1000 times better than BBC... Unbiased... Respect

  • Free trade is a myth as I am not allowed to export my coca leaves to the US.

  • A good documentary and many thanks to the uploader. Let me put things like this. I am Australian. I am now 60. Most of the consumer goods in my house were made in China with the exception of the fridge and freezer. I own two Australian-made cars but should I want to buy replacements Australia no longer has a vehicle building industry (as of 2014) thanks to "free trade." Items in department stores are mostly made in China and usually quite cheap however it is evident that the big retailers are making HUGE profits in importing items like clothing from China and Bangladesh, paying literally tens of cents to buy each item and then selling them with a price which amounts to profit levels of 800% to the companies and even more!

  • USA is in problem with deficit. No, they are not. They pay the real work done by someone else with green paper they print since this green paper replaced the golden standard. USA with this act of replacing golden standard with US dollar (using situation being sole superpower in the western world) has enabled itself that all others will work for them for free and always be rich. Now, how they distribute that wealth internally is another problem. So americans should revolt against their domestic elite. And the rest of us should stop buying US dollars and use it as trade currency, in order not give a americans free lunch, because they don't deserve it.

  • Everybody wants to get high paid job and buy cheap stuff and curse other people who are willing to work for less and make cheaper products. So many stores simple make billions of dollar by putting Chinese Products on their shelves and sell, well most money consumer paid is actually to feed the store, it is more expensive to hire a person to sell a product then get stuff made in China and ship it to your door. Who do you complain?