America’s allies have been expressing concern about the protectionist rhetoric coming from the liberal controlled Congress for some time now. The Detroit News reports that they are beginning to take preemptive action: The Canadian government — backed by American businesses including Detroit’s Big Three automakers — has launched a lobbying …
At least somebody in North America is still showing leadership on free trade. Unfortunately for U.S. consumers, it is not Congress which still refuses to approve free trade deals with Colombia and South Korea. But Canada is still forging ahead, inking a deal with Colombia earlier this month and Peru …
The Senate Committee on Commerce, Science and Transportation held a hearing today on container security. The bottom line was that 100 percent scanning of containers is not possible or practical much to the surprise of Senator Frank R. Lautenberg (D-NJ). This conclusion was made after the Department of Homeland Security …
Despite Speaker Nancy’s Pelosi’s (D-CA) best efforts to kill American leadership on free trade, Investor’s Business Daily sees hope for the Colombia Free Trade Agreement yet: In a release on Colombia’s presidential Web site, Trade Minister Luis Guillermo Plata said U.S. Treasury Secretary Henry Paulson advised him that efforts to …
American Enterprise Institute’s Roger Bate directs us to an important new study by economists Ann Owen and Stephen Wu titled “Is Trade Good for Your Health?” Bate summarizes: By analysing a variety of data from 219 countries over 35 years, they demonstrate that the citizens of economically freer nations are …
Defending free trade from politicians who “pander to Americans’ suspicion of foreigners,” George Mason University economics professor Tyler Cowen writes in the New York Times: The last 20 years have brought the world more trade, more globalization and more economic growth than in any previous such period in history. Few …
No fan of President Bush or conservatives, Democratic Leadership Council founder Al From defends free trade from his newly solidly protectionist party in the Wall Street Journal today: History proves that expanding trade and productivity help create growth. We learned that the hard way when the Smoot-Hawley tariff helped crush …
Like the new Democratic party under Barack Obama, Venezuela’s socialist government believes that free trade is the cause of, not the solution to poverty. Venezuelan embassy spokesman Gladys Urbaneja Duran, told the UN food summit in Rome that the current food crisis “is the biggest demonstration of the historical failure …
As bad as many conservatives thought the Clintons were, at least they helped forge a bipartisan consensus on free trade. They helped pass NAFTA and demonstrated leadership in helping to create the World Trade Organization. But now that Bill and Hillary Clinton have been pushed aside, Sen. Barack Obama’s Democratic …
