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  • free trade

    America Declines To Lead

    20 people with very different backgrounds are unlikely to reach consensus on anything substantial. To forge such a consensus requires leadership. This week’s G-20 meetings produced nothing of substance, which is no surprise because the United States did not lead. First, let’s dispense with the idea that America can’t lead. … More

    Rep. Peter Roskam (R-IL) on Trade: President Obama Needs to Lead

    This fall the left ran millions of dollars worth of ads demonizing free trade and “foreign money.” Now President Barack Obama is in Asia negotiating the U.S. free trade agreement (KORUS) with South Korea. The case for KORUS should be a slam dunk. The U.S. International Trade Commission estimates that … More

    The Tea Party: America's Oldest Free Traders

    In 1773, American colonists dumped 342 chests of tea into the Boston Harbor. Their unwillingness to pay duties on imported tea made them our country’s original free traders. As Constitutionalists, Tea Party members are likely to recall that the U.S. Constitution gave Congress the power to regulate commerce with foreign … More

    Is the Media Reporting or Distorting American Opinions About Trade?

    The media seem intent on convincing Americans that they no longer support free trade. A recent article in The Wall Street Journal, for example, begins “The American public, already skeptical of free trade, is becoming increasingly hostile to it.” The article goes on to report that the results of a … More

    Public Citizen and EPI on Trade and Employment

    Reports from the Economic Policy Institute (EPI) are being misrepresented by leftist organizations like the AFL-CIO and the Alliance for American Manufacturing. The purpose of these misrepresentations? To create a false and misleading picture of the relationship between international trade and employment. Close examination reveals that trade deficits are not … More

    China-Japan Tiff: A Trade Lesson for the U.S.

    China and Japan had a diplomatic disagreement this past week. Of the many facets to this dispute, at least one has implications for the U.S.: during the diplomatic standoff, Chinese shipments of rare earth minerals to Japan were interrupted. The U.S. is in a much stronger position than Japan but … More

    Hurting the U.S. in Order to Hurt China

    A lot of people are unhappy with China. They’re unhappy for several reasons, but trade and investment might top the list. Some are demanding that the U.S. government take steps to punish the PRC. A few of these steps make only a bit of sense—others make no sense at all. … More

    Trade Deficit Reality Check

    Consider these recent print headlines: Economic Growth Slowed by Trade Gap; Economic Growth Cut Sharply Due to Trade Gap; and Economy Slows to 1.6 Percent as Trade Gap Widens. The people who wrote those headlines and the corresponding articles must have awfully short memories. Last year, the trade deficit fell … More

    Trucking Dispute: New Mexican Tariffs Force More U.S. Goods to 'Hit the Brakes'

    Revving up its trade dispute with the Obama Administration over trucking, on August 16 the Mexican government announced revisions to the list of U.S. goods subject to tariffs when they are imported into Mexico. Although Mexico will remove 16 U.S. products from the list of 89 that are currently subject … More

    The Wrong Way to Deal With India

    Do as I say, don’t do as I do. This is the message the Obama Administration and Congress are sending to fellow democracy India. While correctly pressing India to liberalize trade and investment, President Obama continues to hector India on outsourcing, and Congress has now transformed the talk into ugly … More