Reading Earl F. Cheit's Viewpoint, "Protectionist Movement Loses Steam" (Nov. 3), I get the false sense of a "hope springs eternal--protectionism is dead, long live free trade!"
I have three points regarding his comments: One, as he pointed out, the Reagan Administration finally appears to have a policy. However, Cheit fails to note that high protectionist pressures are what spurred on this reluctant, belated and yet to be proven effective policy.
Praising the Administration for its work is premature and does not give credit to other well-articulated positions expressed in the present protectionist legislation.
Two, Cheit says: "The new program has shifted attention away from protectionism to issues of reciprocity and fairness." In fact, reciprocity and fairness are part of the solution suggested by the very industries that seek protection. They are one of the means to an end of an open managed trading system.