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    Natural Gas Exports: Remove Government Barriers

    A June 18 House Energy and Commerce Committee hearing will focus on the future of liquefied natural gas (LNG) exports. Currently, the U.S. can freely export LNG to another country only if it has a free trade agreement with that country. Requests to export to the rest of the world … More

    Brazil Turns Away from Capital Controls

    Last week, Brazil announced that it is finally eliminating its most prominent tax on foreign portfolio investment. This reversal is the most recent reminder of the negative effects of capital controls. Capital controls are measures, sometimes in the form of taxes or fees, that limit the movement of capital into … More

    ATT Could Stymie Arms Export Control Reform

    Reform of the U.S. arms export control took a major step forward this week when the Departments of State and Commerce released final rules governing aircraft and gas turbine engines. However, the Arms Trade Treaty (ATT), which the Obama Administration voted to adopt at the United Nations earlier this month, … 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 investment decisions with taxpayer money that would be more efficiently made by the private sector. The Heritage Foundation disagrees with many of the policy recommendations … More

    U.N. General Assembly Adopts the Arms Trade Treaty

    This morning, by a vote of 154 nations in favor (including the United States), 23 abstentions, and three against (Syria, North Korea, and Iran), the U.N. General Assembly adopted the Arms Trade Treaty (ATT). The treaty will be open for national signature on June 3, 2013, and will enter into … More

    Morning Bell: 3 Reasons the U.N.'s Arms Treaty Is Useless

    It sounds nice to say there could be a treaty that would make all nations responsible when it comes to their arms exports. Of course, it’s also impossible. The latest draft of the U.N.’s Arms Trade Treaty (ATT), which would regulate imports and exports of arms around the world, failed … More

    The Arms Trade Treaty, Week Two: The Ways It Might Fail

    In New York, the Arms Trade Treaty (ATT) conference is entering its final phase, and the ways in which the negotiations might fail are becoming clearer. A large number of nations—mainly the Middle East but also Bangladesh, Cuba, North Korea, Venezuela, Zimbabwe, and others—are not going to get much of … More

    The Best Plan for Farmers and Ranchers: Free Trade

    Congress is currently fighting over the future of U.S. farm programs. In 2011, taxpayers subsidized farmers to the tune of $10.4 billion in government payments. Imagine if the government had a way to increase payments to farmers while reducing taxpayer subsidies to zero. Such a policy exists. It’s called free … More

    The Arms Trade Treaty, Day Three: Turning Up the Pressure on the U.S.

    As the U.N. Arms Trade Treaty (ATT) conference moved through its third day, the isolation of the United States became ever clearer. The U.S. position is that the current text of the treaty, negotiated last July, needs to be better drafted but should not be substantially changed. Yesterday, it became … More

    Does the United States Really Have a Trade Deficit?

    In 2012, $3.4 trillion came into the United States through trade and investment, and $3.4 trillion left, according to the Bureau of Economic Analysis (BEA). Every dollar Americans sent to people in other countries was balanced by a dollar sent back to the United States: 64 cents for U.S. exports, … More