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    Politicians Should Listen to Economists on Free Trade

    On February 8, the government will release data for 2012 imports and exports. This annual release often ignites a debate about trade policy. But among economists, there’s not much debate over the benefits of free trade. The University of Chicago’s Booth School of Business regularly surveys economic experts. Last year, … More

    Coal Exports: Comprehensive Environmental Review Could Set Dangerous Precedent

    Anti-coal politicians want to use the environmental process to more comprehensively analyze the greenhouse gas impact on coal exports. This would not only reduce coal production in the U.S. but it would also set a dangerous precedent for all exports. The Army Corps of Engineers is analyzing the environmental effects … More

    Big Chemical: For Natural Gas Exports Before They Were Against Them

    As the country waits with bated breath for the Obama Administration to belatedly approve nearly a dozen natural gas export projects, big chemical companies are lining up in opposition. Leading the charge is Michigan-based Dow Chemical, whose corporate leadership recently voiced its strong opposition to natural gas exports. According to … More

    Legalize Crude Oil Exports

    An energy renaissance is underway in the United States. According to a new report by the International Energy Agency (IEA), America’s decades-long dependence on foreign oil may soon be over. By the mid-2020s, the United States is set to surpass Saudi Arabia as the world’s largest oil producer. Even more … More

    How to Boost U.S. Exports: Legalize Them

    The Obama Administration appears to be picking winners and losers again. The President has said he wants to “double our exports over the next five years” through his National Export Initiative. Apparently, those exports don’t include natural gas, a booming and vibrant sector of the national economy. Currently, liquefied natural … More

    The Right Rhetoric: Free Trade Leads to Jobs and Growth

    A new article published yesterday in The Wall Street Journal, featuring new research by The Heritage Foundation, tries to slice through the rhetoric on trade policy during a week when the Obama Administration announced a new trade suit against China. The article reaffirms the basic benefits that free trade brings … 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 his Administration had filed a complaint against China with the World Trade Organization. But a groundbreaking new report from Heritage proves that importing goods from … More

    U.N. Review of Tech Transfers to Iran, North Korea Underscores Need for U.S. Action

    As reported by Fox News earlier this year, the World Intellectual Property Organization (WIPO) approved the transfer of computers and other equipment to Iran and North Korea—both of which are under sanction by the U.S. and the United Nations—without notifying WIPO member states or the U.N. sanctions committees. In response, … 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 the dictionary defines obsession as “a persistent disturbing preoccupation with an often unreasonable idea.” Following up on President Obama’s call in Charlotte for creation of … 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 often-overlooked result of these large budget deficits is their negative impact on U.S. exporters. Sales of U.S. Treasury securities to foreigners are not counted as … More