I believe two things that may seem contradictory.
First, I believe in generally free trade.
Second, I believe that Congress should tax products imported into the United States and provide a credit to companies exporting their products to foreign countries. Call it an export-import adjustment.
How do I square the second idea with the first?
Start with the fact that the U.S. is one of the few countries that doesn’t already have such a system in place. When American companies export to Mexico, their products are automatically slapped with a 16% tax.