Room for Improvement When It Comes to Services Trade
The Obama Administration recently announced its intention to begin negotiations on an agreement to expand international trade in the services industry, such as the telecommunications,… Read More
Upstate South Carolina: A Case Study in Free Trade Benefits
Greenville, South Carolina, is the ninth-fastest growing city in the United States, according to CNN Money. Two of the main contributors to this rapid growth… Read More
Trade Deficit Doesn’t Matter – Trade Freedom Does
On February 8, the government will release data on imports and exports for 2012. This annual release often ignites a misguided debate about trade deficits…. Read More
“Buy American”: Path to an Economic Train Wreck
Commuters on Washington, D.C.’s Metro system may finally have something to look forward to on their commutes other than broken escalators and single-tracking. By 2014,… Read More
Unleash the Market: U.S.–India Economic Relations
The U.S.–India economic relationship is undeniably expanding. The question is how to maximize it. A recent report published by The Heritage Foundation, “Unleashing the Market… Read More
EconomyNews
Global GDP: U.S. Adds, China Subtracts
China’s 2012 official economic numbers are due out at the end of this week and I, among others, will gently suggest that they aren’t particularly… Read More
Don’t Believe What You Read: Bigger Trade Deficit = More Economic Growth
The latest trade deficit figures are out, and like always, most reporters fail to accurately explain what these numbers mean. During the past 10 years,… Read More
Morning Bell: Chinese Investment in the U.S. Shatters Records
China set a record with its investments around the world in 2012. And in the United States, China shattered its previous investment record. Before people… Read More
Morning Bell: See America’s Ranking in the 2013 Index of Economic Freedom
When we talk about “economic freedom,” what do we mean—and why does it matter? Economic freedom is the fundamental right of every human to control… Read More
Obesity in America: Blame Trade Protectionism on Sugar
With a new study pointing the finger at high fructose corn syrup as a culprit in America’s explosive epidemic of obesity, it is important to… Read More
Kerry in Spotlight; Hot Issues Remain for Next Secretary of State
Last week, embattled U.N. Ambassador Susan Rice took herself out of the running for Secretary of State as Hillary Clinton’s successor. It did not take… Read More
U.S. Should Export Natural Gas
A long-awaited report on natural gas exports was finally released by the Department of Energy (DOE) last week. Unsurprisingly, it concluded that exporting natural gas… Read More
A Rare Showing of Bipartisanship
Yesterday, in a rare showing of bipartisanship, the lame-duck Senate passed the Russia and Moldova Jackson–Vanik Repeal Act of 2012 by a vote of 92–4…. Read More
Normal Trade Relations with Russia: We’re Almost There
On August 22, after almost 20 years of negotiations, Russia became the 156th member of World Trade Organization (WTO). Regrettably for the U.S., Russia has… Read More
Shoe Shopping? Legislation Could Make Shoes Cheaper and Create Jobs
If Congress wants to create more jobs this holiday shopping season, it can start by eliminating many Depression-era tariffs on shoes. According to the Bureau… Read More
Magnitsky Act Promises to Punish Human Rights Abuse, Open Trade
Last Thursday, the House of Representatives passed a bill that included language—called the Magnitsky Act—that for the first time punishes Russian officials implicated in serious… Read More
Chinese Imports Create U.S. Jobs and Help the Poor
The recently concluded presidential campaign contained a substantial amount of China-bashing from two candidates fighting over who would be tougher on trade. In reality, getting… Read More
India Helps U.S. Join Asian Maritime Grouping
Last week, India assisted the U.S. in securing dialogue-partner status in the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC), a 20-member grouping of littoral… Read More
Government Waives Destructive Jones Act for 12 Days—Why Not Longer?
In the aftermath of Hurricane Sandy, the federal government recently waived the Jones Act for 12 days to allow oil tankers to deliver fuel to… Read More
Fact Checkers Get It Wrong on Jobs and China
Who fact-checks the fact checkers? After the debate Monday night, CNN engaged in a fact-checking exercise. Many criticize these exercises for being more slanted and… Read More
Debate on Trade: It Isn’t Just About How Many Cases You Bring to the WTO
Trade policy with China was again front and center in last night’s presidential debate, with President Obama defending his Administration’s trade policies. In particular, the… Read More
September Jobs Report Shows Imports Create Jobs
The jobs report is out, and it reveals more than you may think. While President Obama seems to believe that exports alone will grow us… Read More
WATCH at 1 p.m.: Debunking Myths on Trade and Jobs
Trade and job creation came up in the presidential debate last night. A longstanding argument for blocking trade is that imports hurt jobs. This argument… Read More
What Does the Obama Administration Have Against Cheap Vegetables?
The Obama Administration’s Commerce Department recently took a preliminary position in favor of ending a 16-year-old trade agreement governing tomatoes imported from Mexico. The Florida… Read More
U.S. Foreign Policy Should Advance Economic Freedom
In his recent commentary, Congressman Devin Nunes (R–CA) penned a bold foreign policy idea that is based on advancing economic freedom: It’s time to try… Read More
President Obama: Wrong on Rhetoric, Wrong on Trade Policy
Trade policy is once again in the spotlight with President Obama’s announcement this week of a new suit against China in the World Trade Organization… Read More
The Jones Act vs. Affordable Energy
The Wall Street Journal recently highlighted another Washington regulation that is holding back the economy. But this one can’t be blamed on President Obama, because… Read More
Morning Bell: Shocking News! Trade with China Supports U.S. Jobs
The presidential debate yesterday moved to trade with China, with the usual rhetorical suspects—including “outsourcing” and the “trade deficit”—taking center stage. President Obama announced that… Read More
Protectionist “Obsession” Is Misplaced
Former Governor Jennifer Granholm (D–MI) confessed Wednesday to an “obsession” with creating manufacturing jobs in the United States. That is a brave admission, given that… Read More
Budget Deficits vs. Exports
The federal government recently announced that it is expected to run a budget deficit of more than $1 trillion for the fourth straight year. One… Read More
