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  • free trade

    In Pictures: What Are the Benefits of Free Trade?

    Now that Congress has passed free trade agreements with Columbia, Panama and South Korea, it’s a good time to ask why the United States should support and expand free trade. The chart below shows that the benefits of free trade are hard to deny. Countries that have more trade freedom … More

    Morning Bell: Free Trade Agreements Are A Win for Prosperity

    Free trade agreements (FTAs) have economically benefited nations the world over since their inception. Poverty rates in countries with low trade barriers are significantly lower, and data in The Heritage Foundation’s Index of Economic Freedom demonstrate that free trade also leads to higher incomes, more jobs, and greater equality. That’s … More

    Want Congressional Harmony? Try Free Trade Agreements

    Congress keeps threatening to shut down over the budget, but there is at least one thing the two houses can agree on. Pending free trade agreements have bipartisan support in both the House and Senate; all that is needed is for President Obama to send them to Congress, so that … More

    Scribecast: Rep. Kevin Brady on Taxes, Free Trade and Why Texas Is Best

    Rep. Kevin Brady (R-TX) visited Heritage earlier this week for The Bloggers Briefing and stuck around to chat in our Robert H. Bruce Radio Studio. On this week’s Scribecast, we cover tax reform, Brady’s MAP ACT, free-trade agreements and what Texas can teach the rest of America. Listen to our … More

    Buy American. Sell American.

    In most parts of the country, American shoppers understand the importance of getting the best value for their dollars. This type of common sense does not apply in Washington, D.C., where one day the federal government buys $16 muffins and the next it tries to pass laws making it illegal … More

    America: The Stabilizing Superpower

    In an atmosphere of deep defense cuts, many are questioning whether America really needs to maintain its position as the world’s only true superpower. Perhaps America can nation-build at home at the expense of our military posture abroad. However, American power underpins the most prosperous global order the world has … More

    U.S. Trade on the Rise in 2011

    The U.S. Bureau of Economic Analysis (BEA) today reported that U.S. trade volume for the first six months of the year was 15.7 percent higher in 2011 than 2010. Exports and imports were both up nearly 16 percent. Compared to the first six months of last year, exports of U.S. … More

    The United States, Free Trade, and the Economics of Lost Opportunities

    “We’re cutting our own throats here, I think,” Kim Murray, from the USA Dry Pea and Lentil Council, recently remarked in reference to the U.S. failure to pass pending free trade agreements (FTAs) with Colombia, Panama, and South Korea. These agreements fell to the wayside in the midst of the … More

    Chairman Dave Camp Moves Trade Agreements Forward

    The efforts of House Ways and Means Committee chairman Dave Camp (R–MI) to implement long-overdue trade agreements with Colombia, Panama, and South Korea may soon pay off, providing a much-needed boost to the stagnant U.S. economy. Camp has rebuffed demands from the Obama Administration and Senate Finance Committee chairman Max … More

    Chinese Currency Manipulation: Lies and Statistics

    There’s a very old political rule getting a new twist in the House of Representatives right now: When your policies fail, blame someone else. The new twist is: When unemployment is above the level you said would be a catastrophe, and you’re on the road to bankrupting the country in … More