Mapusa, Aug. 9 -- Former MoS for External Affairs, MJ Akbar said President Donald Trump may be remembered as "the most socialist president in the history of the United States" for challenging and dismantling the principle of free trade.

Akbar said, "Free trade actually works, and in theory and in practice, with the minimisation and if in fact absence, if possible, of tariffs, of duties, there should be no hindrance to trade, so that the most efficient manufacturing and the most efficiently produced products can find the way to the market, increasing the levels of choice, and decreasing prices." He added, "This is being challenged. Capitalism itself is being challenged."

He explained, "Actually, this practise of protectionism is a very s...