In 2011, the U.S. government spent more than $22 billion in non-military foreign aid while collecting $6.8 billion in taxes on imports from the world’s poorest countries. Ironically, the government spent $185 million in “trade and investment” aid while collecting 36 times that amount from tariffs on products from poor …
When President Obama touches down in Pittsburgh for the G-20 Summit he has a chance to lead on trade policies that will level the playing field for American workers and small businesses. Trade is critical to U.S. economic growth and vital to global economic development. Trade – especially exports – …
Multilateral trade negations are the best way to bring the benefits of trade liberalization to the most people people, but with the current Doha Round of talks stalled, the U.S. has turned to bilateral agreements, that while not perfect, still are helping the American economy. Heritage scholar Daniella Markheim documents …
