The protectionist drift of the Democratic Party has free-market proponents across the pond worried. The Times of London writes: Mr Obama claims, for instance, that “entire cities…have been devastated” by Nafta, the North American Free Trade Agreement signed in 1993, which he blames for destroying a million American jobs, when …
The vast majority of economists agree that further reductions in trade barriers through the Doha Round of trade negotiations would spur economic growth around the world help lift millions of people out of poverty in developing countries. Unfortunately it does not look like the current President will get much progress …
No wonder hard core opponents of free trade like Sen. Sherrod Brown (D-OH) moved so quickly to push protectionist legislation after Barack Obama secured the Democratic nomination. They were worried that with need to pander to organized labor gone, Obama might start to acknowledge that the old bipartisan consensus that …
We know liberals in Congress no longer believe in free trade, but what about the world’s self described Marxists? If PoliticalAffairs.net, the destination for “Marxist thought online”, is any indication, Marxists are no fan of free trade and blame it for the world’s food crisis: For decades, neo-liberal trade liberalisation …
Secretary of State Condoleezza Rice will deliver a speech on U.S. policy toward Asia at Heritage today at 2:30 p.m. ET. Following her remarks, Secretary Rice will take questions from audience members. We’ll be streaming live from Ustream.tv during the event. Please visit our channel at 2:30 p.m. ET to …
America’s allies have been expressing concern about the protectionist rhetoric coming from the liberal controlled Congress for some time now. The Detroit News reports that they are beginning to take preemptive action: The Canadian government — backed by American businesses including Detroit’s Big Three automakers — has launched a lobbying …
At least somebody in North America is still showing leadership on free trade. Unfortunately for U.S. consumers, it is not Congress which still refuses to approve free trade deals with Colombia and South Korea. But Canada is still forging ahead, inking a deal with Colombia earlier this month and Peru …
NOTE: Remarks by Commerce Secretary Carlos Gutierrez added to the end of this post. Today marks the one-year anniversary of the Victims of Communism Memorial, located a few blocks from the U.S. Capitol in Washington, D.C. A ceremony this morning, presided over by Heritage’s Lee Edwards, commemorated the more than …
