Trade Promotion Authority: Make the Case
Trade promotion authority (TPA) does several positive things. For one, it gives the President a window where Congress agrees to an up-or-down vote on trade… Read More
A Conservative Agenda for Trade: Eliminate the Threat of Tariffs
When it comes to trade, the ultimate objective for conservatives should be to eliminate tariffs—not just reduce some or all, but take them completely off… Read More
Pacific Alliance: Decreasing Trade Barriers and Increasing Economic Growth
The presidents of the “Pacific Alliance” (Chile, Colombia, México, and Perú) met last week in Cali, Colombia, to sign an agreement removing tariffs on 90… Read More
GDP Grew 2.5 Percent in the First Quarter
After dreadfully low growth in the last quarter of 2012—just 0.4 percent—gross domestic product (GDP) returned to a healthier rate of growth of 2.5 percent… Read More
Energy Secretary Nominee Faces Tough Natural Gas Decision
If confirmed as the next Department of Energy (DOE) Secretary, Dr. Ernest Moniz will take over an agency that has increasingly injected itself into making… Read More
Protectionist Japan? Check the Numbers
A recent news report was headlined: “Lawmakers, business groups balk at trade deal with protectionist Japan.” A more accurate title would have been: “Protectionist U.S…. Read More
The Arms Trade Treaty and the Second Amendment: Answering the American Bar Association
On February 26, the American Bar Association’s Center for Human Rights issued a white paper on the U.N. Arms Trade Treaty (ATT), which concludes that… Read More
Attention, Reporters: A Trade Deficit Is Not Bad
The latest trade deficit figures are out, and, as always, most reports fail to accurately explain what these numbers mean. Consider the following widely reported… Read More
News
Heritage’s Feulner in South Korea to Welcome Its New President
Heritage Foundation President Dr. Edwin Feulner is in South Korea on Monday attending the inauguration of Park Geun-hye as that nation’s new president and successor… Read More
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
