EconomyCommentary
When we discuss international trade and balance of payments, there are two types of accounts. There is the current account, which includes goods and services… Read More
Economy Commentary
Who has the lowest tariffs of them all? According to U.S. Secretary of Commerce Wilbur Ross, “Mexico and others have had very big external tariffs… Read More
EconomyCommentary
Almost a decade removed from the last housing crisis, the economy and housing market have improved—yet the federal government continues to hold significant influence over… Read More
EconomyCommentary
The North American Free Trade Agreement has been good for the U.S. Since it took effect in 1994, our economy has grown 60 percent and… Read More
EconomyCommentary
This week, Congress returns to Washington to address government funding. Unfortunately, two costly corporate welfare programs could be expanded. In the 2014 farm bill, Congress… Read More
EconomyCommentary
European Union and Japanese leaders recently met in Brussels to further negotiations for a free trade agreement. As the EU and Japan work together to… Read More
EconomyCommentary
Today, many people argue that trade disproportionately hurts poor Americans. They say free trade creates a wage gap between low- and high-income earners, and constructs… Read More
EconomyCommentary
The Oxford dictionary defines populism as support for the concerns of ordinary people. The Trump administration has been described as populist in many ways, particularly… Read More
EconomyCommentary
A new report from the United States trade representative links America’s trade deficit with other countries to trade deals entered into going back to the… Read More
EconomyCommentary
It was Nobel laureate economist Milton Friedman who made famous the adage, “There’s no such thing as a free lunch.” Friedman could have added that… Read More
EconomyCommentary
That time of year has once again arrived when the scent of fresh-cut roses is flooding stores nationwide. But little known to most Americans, one… Read More
InternationalCommentary
After years of government intervention under the Kirchner family, in 2015 the Argentine people elected center-right candidate Mauricio Macri to be their next president. Macri… Read More
EconomyCommentary
President-elect Donald Trump’s threats against American companies looking to relocate in foreign countries have won favorable review from many quarters. Support comes from those alarmed… Read More
EconomyCommentary
Thanks to the U.S. Department of Agriculture, Americans will be making a whole lot more lemonade this year, and saving money while they’re at it…. Read More
EconomyNews
President-elect Donald Trump’s public campaign to push U.S. companies to make their products in America is already having an impact, especially on one of his… Read More
EconomyCommentary
The recent presidential election has sparked a debate about international trade. Many politicians, policymakers, and media outlets seem to be unsure about whether trade is… Read More
EconomyCommentary
The World Trade Organization announced this week that it expects global trade to grow much slower than originally projected. WTO analysts, who projected global trade… Read More
EconomyCommentary
In 2010, the Michigan economy was on the rocks—715,000 people were out of work, and the Great Lakes State’s gross domestic product had contracted by… Read More
EconomyCommentary
With all the talk going on about the merits of free trade and the U.S.’s free trade agreements, it might be helpful to look at… Read More
EconomyCommentary
Americans seem inordinately concerned with where their cars, clothing, and food are produced. Approximately eight out of 10 consumers say they would purchase an American-made… Read More
EconomyCommentary
Ronald Reagan was an advocate of free trade throughout his presidency. But just like today, many Americans in the 1980s opposed free trade and pushed… Read More
EconomyCommentary
In an update to its Information Technology Agreement, the World Trade Organization began the process of eliminating tariffs on hundreds of technology products, resulting in… Read More
EconomyCommentary
The new Republican Party platform suggests: “We need better-negotiated trade agreements that put America first.” Here are nine ways future trade agreements could really put… Read More
EconomyCommentary
The U.S. Department of Commerce recently issued a ruling that increased tariffs on some Chinese steel products. They included electric motors, appliances, and cars made… Read More
EconomyCommentary
In 2012, 51 leading economic experts were asked what they thought about the following statement: On average, citizens of the U.S. have been better off with… Read More
EconomyCommentary
Rep. Gary Palmer, R-Ala., recently proposed an amendment to legislation on Puerto Rico that would exempt the island from the Jones Act. The Merchant Marine… Read More
EconomyAnalysis
The U.S. International Trade Commission (ITC), which is the government agency whose mission includes providing the president and Congress with independent analysis of international trade issues,… Read More
EconomyAnalysis
You may not know it, but May is World Trade Month. According to Stefan M. Selig, U.S. Under Secretary of Commerce for International Trade: Every… Read More
EconomyAnalysis
Recently some have claimed that international trade is responsible for unemployment in the United States. It can be shown that over the last 40 years this has not… Read More
EconomyCommentary
One of the most persistent myths about international trade is that American manufacturing workers can’t compete with foreign workers who are paid much less. That… Read More
