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  • free trade

    Free Trade Fact of the Day

    This week’s collapse of the Doha Round of World Trade Organization talks was a historic defeat for free trade and will unfortunately probably have negative effects around the world for years to come. The Wall Street Journal reports today: The failure of the talks isn’t likely to have big effects … More

    Free Trade Fact of the Day

    Writing in the Wall Street Journal, Cato Institute’s Daniel Ikenson examines how nations can still increase free trade despite yesterday’s collapse of the Doha Round WTO talks: As Doha negotiations sputtered for seven years, the WTO reports that annual global trade flows have increased 70%, to $14 trillion. UNCTAD reports … More

    Morning Bell: Big Government Claims Two Victims

    Sen. Ted Stevens (R-Alaska), who once threatened to resign if Congress stripped funding for the infamous Bridge to Nowhere, was indicted yesterday on seven felony counts for failing to disclose gifts from an Alaskan firm. Meanwhile, across the Atlantic in Geneva, international talks aimed at ushering in a new era … More

    Free Trade Fact of the Day

    Responding to Barack Obama’s promise to unilaterally renegotiate NAFTA, President George H.W. Bush’s Council of Economic Advisers chairman Michael Boskin writes in the Wall Street Journal: [S]ince Nafta was passed (relative to the comparable period before passage), U.S. manufacturing output grew more rapidly and reached an all-time high last year; … More

    Free Trade Fact of the Day

    In the latest City Journal, Guy Sorman examines how the acceptance of fundamental economic principles, like free trade, has helped the entire world: Free trade not only generates the greatest possible growth; it tends to distribute it widely, both within nations and among them. For evidence, consider the emergence of … More

    Free Trade Fact of the Day

    Fearing that the latest round of World Trade Organization negotiations are on the verge of collapse, the New York Times looks at what failure could mean for the world: Locking in lower farm subsidies would encourage direly needed agricultural investment in Africa and in poor nations that are struggling with … More

    Free Trade Fact of the Day

    While liberals in Congress are turning away from free trade with Colombia, South Korea, Peru, and Panama, China is busy inking deals with the rest of the world. The International Herald Tribune reports: New Zealand’s Parliament on Thursday passed into law the first bilateral free trade deal between China and … More

    Free Trade Fact of the Day

    United States secretary of defense Robert Gates and Colombia minister of defense Juan Manuel Santos write in The New York Times today: The dramatic rescue of 15 hostages this month by Colombia’s special forces underscored how far Colombia has progressed — with the strong support of the United States — … More

    Free Trade Fact of the Day

    Luis Rubio looks at NAFTA from Mexico’s perspective in the Latin Business Chronicle: NAFTA was the result of a new economic strategy. Above all, however, it represented a major political shift. Instead of looking at the United States as the source of conflict and irritation, as it had historically been … More

    Free Trade Fact of the Day

    Yesterday was Independence Day for Colombia and there were celebrations in Colombian communities across the country including Easley, South Carolina. The Greenville News reports : Colombians now living in the Upstate said Sunday that they support a Bush administration proposal to tear down trade barriers between their native country and … More