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    Morning Bell: 3 Reasons the U.N.'s Arms Treaty Is Useless

    It sounds nice to say there could be a treaty that would make all nations responsible when it comes to their arms exports. Of course, it’s also impossible. The latest draft of the U.N.’s Arms Trade Treaty (ATT), which would regulate imports and exports of arms around the world, failed … More

    The Arms Trade Treaty, Week Two: The Ways It Might Fail

    In New York, the Arms Trade Treaty (ATT) conference is entering its final phase, and the ways in which the negotiations might fail are becoming clearer. A large number of nations—mainly the Middle East but also Bangladesh, Cuba, North Korea, Venezuela, Zimbabwe, and others—are not going to get much of … More

    Japan’s Green Initiative Drowns in Oil

    The government picking winners and losers is bad for any economy. But it also often leads to the opposite of the intended result. Take a look at Japan. Last week, an expert committee from Japan’s Ministry of Economy, Trade, and Industry announced its plan to reduce the price of solar … More

    Protectionist Japan? Check the Numbers

    A recent news report was headlined: “Lawmakers, business groups balk at trade deal with protectionist Japan.” A more accurate title would have been: “Protectionist U.S. lawmakers, special-interest groups balk at trade deal with Japan.” Over 40 Members of Congress recently wrote to President Obama to express concern about allowing Japan … More

    Government Sugar Policy: Buy High, Sell Low?

    It was recently reported that the federal government is considering buying 400,000 tons of sugar to prop up prices for sugar producers. The government would then sell the sugar at a loss of 10 cents per pound, costing taxpayers $80 million. Conventional wisdom for investors is “buy low, sell high.” … More

    Free Trade: Bringing Ireland to Your St. Patrick’s Day Celebration

    Today, millions of people around the world will put on some green, watch a hurling or rugby match, enjoy a Guinness stout, and praise St. Patrick, the patron saint of the Emerald Isle. A beam in Guinness’s Dublin brewery reads “Everyone’s Irish on March 17th.” And, thanks to free trade, … More

    Japan’s Step Closer to TPP

    Today, Prime Minister Shinzo Abe announced that Japan will officially join the Trans-Pacific Partnership (TPP). This comes a day after Prime Minister Abe received the okay to join TPP by his Liberal Democratic Party, a month after visiting President Obama and discussing the partnership, and more than a year since … More

    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

    The Arms Trade Treaty and the Second Amendment: Answering the American Bar Association

    On February 26, the American Bar Association’s Center for Human Rights issued a white paper on the U.N. Arms Trade Treaty (ATT), which concludes that “the proposed ATT is consistent with the Second Amendment.” This conclusion neglects important facts about the treaty and the processes surrounding it, which we will … 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