In a 1987 radio address, US President Ronald Reagan likened the interdependence of trading partners to being in the same boat, criticizing competitive aggression that harms shared interests. This metaphor illustrated his belief in cooperation over conflict. Reagan, a pivotal figure in the Republican Party, represented traditional conservative values, including social conservatism and economic libertarianism. His views continue to influence the party's ideological stance, emphasizing the importance of unity and strategic partnership in global trade relations.
We're in the same boat with our trading partners. If one partner shoots a hole in the boat, does it make sense for the other one to shoot another hole in the boat? Some say yes, and call that getting tough. Well, I call it stupid.
These were the words of US president Ronald Reagan in a 1987 radio address from Camp David. 'The Gipper' Ronald Reagan used to be an icon of the Republican Party, encapsulating what the party represents on right-leaning ideologies of conservatism, social conservatism and economic libertarianism.
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