The deceptive promise of free trade | DW Documentary

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  • เผยแพร่เมื่อ 5 มิ.ย. 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.
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ความคิดเห็น • 3.3K

  • @rljpdx
    @rljpdx 5 ปีที่แล้ว +444

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

  • @isoboy1000
    @isoboy1000 2 ปีที่แล้ว +1

    When Africa with its rich soil start to import food that can grow from its back yard, then there is no hope that anything we create will benefit us.

  • @Jaze2022
    @Jaze2022 5 ปีที่แล้ว +456

    I have first hand experience that the majority of people will not buy local if there's a cheaper alternative. They don't even consider quality or value. People's actions are more truthful than what they say they believe.

  • @Lifeisgoodbelieve1in3
    @Lifeisgoodbelieve1in3 ปีที่แล้ว +1

    These larger and industrial countries need to leave countries like Cameroon alone and let them flourish. It's so sad to see this happening

  • @zongonative7397

    Import duties protect producers against the consumers for being able to buy cheap goods freely. It benefits the producers and not consumers of a country.

  • @sergeseanmison7787
    @sergeseanmison7787 5 ปีที่แล้ว +61

    The EU needs to see the bigger picture. These predatory trade practice's are a big reason why people are risking their lives to reach your shores. I'm not against trade, I'm for more balanced trade which leads to actual fair trade.

  • @trenajorgensen4309
    @trenajorgensen4309 3 ปีที่แล้ว

    Africa should start an AU and go head to head with the EU

  • @emmanuelameyaw6806
    @emmanuelameyaw6806 ปีที่แล้ว +1

    meaning nothing can be done....

  • @bicyclist2
    @bicyclist2 4 ปีที่แล้ว +1

    You can get quality products that are made in Europe or US, unfortunately you just have to pay a bit more for them. As a bicycle connoisseur I'm willing to pay a little more for good quality. I also save some by buying used. Most Americans want disposable plastic garbage from China. You'll see them every day in WallMart. Thanks.

  • @baronvonbowel
    @baronvonbowel 5 ปีที่แล้ว +38

    Did I just hear a German say that Donald Trump has a point?

  • @loyina310
    @loyina310 3 ปีที่แล้ว +76

    24:24

  • @amitkumar-sz6ze
    @amitkumar-sz6ze 3 ปีที่แล้ว +122

    The quantity of reporting on these DW documentaries is amazing!! Kudos for standing up for real democracy!!

  • @heldermboungou
    @heldermboungou 4 ปีที่แล้ว +31

    This movie has made Kako Nubukpo's point much more clear in my head, this is actually what doesn't allow Africa's growth, Africa needs to be isolated in order to make its revolution as Europe did. Indeed, thanks DW for sharing us all these relevant realities, I stay tuned.

  • @Vandavis10
    @Vandavis10 5 ปีที่แล้ว +147

    Hello from Oakland County, Michigan, home of the auto industry. I recently found DW Documentary and just wanted to say thank you for doing such fine work. Your videos are a true pleasure to watch. It is so interesting to learn how international trade policies are effecting others from different parts of the world. I feel compassion for these people. My family felt a direct impact when all the auto companies in the area re-located as my Dad had 20 years into working for an auto supplier. In this day and age, I believe that common folk from all over need to stick together because we are all being impacted by the global concept of "free trade".

  • @sheybamenjowirngo1137
    @sheybamenjowirngo1137 3 ปีที่แล้ว +14

    It was 2014 when I made my famous speech about the malaise of International Trade in my last year at the University (Faculty of Economics science and Applied Management) of Douala. And I used a famous example, how can my country Cameroon produce wood and still import Toothpicks.

  • @meyejasmedia
    @meyejasmedia 3 ปีที่แล้ว +59

    It's essential for countries to have the capability to produce what they consume, and also to keep skill levels high of the next generation

  • @IIVVBlues
    @IIVVBlues 5 ปีที่แล้ว +97

    This documentary should be shown in all high schools and should be required viewing for discussion in every college teaching economics. Very well done.

  • @angelobugini6771
    @angelobugini6771 5 ปีที่แล้ว +49

    The deceptive promisse of free trade is an astonishing documentary! I truly did appreciate it so much. Thanks a lot for sharing! Keep it up!

  • @wolfy1987
    @wolfy1987 4 ปีที่แล้ว +120

    I'm the second owner of a US made 1970's Schwinn bicycle. Still solid, still running strong