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    Korea-U.S. Free Trade Agreement One Year On: Solidifying a Partnership for the Future

    March 15 marks the first anniversary of the Korea–U.S. Free Trade Agreement (KORUS FTA). Over the past 12 months, a growing number of businesses in both countries have taken action to capitalize on the expanded opportunities created by the free flow of products, services, and ideas through the KORUS FTA. … More

    Advancing Economic Freedom: Leading from Behind Doesn’t Work

    Advancing economic freedom around the world has markedly stagnated in recent years, particularly due to the lack of America’s leadership, says Terry Miller, chief editor of The Heritage Foundation’s Index of Economic Freedom, in a recent interview with the Langley Intelligence Group Network. According to Miller: Historically, the United States … More

    America’s Next Trade Chief Should Focus on Promoting Greater Trade Freedom

    Senator Max Baucus (D–MT), chairman of Senate Finance Committee, urged strong and unrelenting political leadership in pursuing a comprehensive free trade pact between the U.S. and the European Union. He highlighted the importance of choosing an effective and experienced leader as America’s next trade czar in his recent Financial Times … More

    North Carolina: Prospering from Trade

    North Carolina’s congressional delegation has been among the most protectionist in the country. This is odd, considering that record levels of trade are creating well-paid jobs for many citizens of the state. North Carolina merchandise exports rose to nearly $29 billion in 2012, up 6 percent over the prior year … More

    Taiwan’s Role in America’s Pivot to Asia

    The often overlooked relationship between the United States and Taiwan has never been more important. Effective economic and security cooperation between the United States and Taiwan is absolutely necessary as the U.S. shifts focus to Asia. The Heritage Foundation’s Asian Studies Center, in partnership with the Taiwan Benevolent Association of … More

    Heritage's Feulner in South Korea to Welcome Its New President

    Heritage Foundation President Dr. Edwin Feulner is in South Korea on Monday attending the inauguration of Park Geun-hye as that nation’s new president and successor to Lee Myung-bak. Feulner has remained a stalwart advocate for Korea-U.S. relations for more than 40 years, and in that time has met with every … More

    Mr. President, Don’t Forget: Imports Create Jobs, Too

    Trade is again on President Obama’s agenda thanks to some high-profile mentions in his State of the Union address last Tuesday. According to the President, the proposed Trans-Pacific and Transatlantic Partnerships should boost exports and create American jobs. Exports, however, are only one side of the coin. Free trade also … More

    Mexico Poised to Become an "Aztec Tiger"

    Newly installed Mexican President Enrique Peña Nieto is seeking to revamp Mexico’s economy, and one tool he has already pursued is labor reform. It is long overdue. According to the 2013 Index of Economic Freedom, published by The Heritage Foundation and The Wall Street Journal, Mexico ranks below the world … More

    Be Mine: Sugar Industry Should Welcome Free Trade

    Valentine’s Day is synonymous with roses, chocolate, and those wonderfully sweet heart-shaped sugar candies. What isn’t so sweet about the holiday of love is the “love” that the U.S. sugar program sends to consumers in the form of higher prices and fewer jobs. The federal government has been propping up … More

    Morning Bell: Get the Federal Government Out of the Natural Gas Business

    In North Dakota, people have jobs. That state led the nation in job creation last year, and its unemployment rate is only 3.2 percent (compared to the national rate of 7.9 percent). Why? One word: energy. As Nicolas Loris, Heritage’s Herbert and Joyce Morgan Fellow, writes in a forthcoming paper: … More