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  • North American Free Trade Agreement

    Trade Promotion Authority’s Benefits Depend on the Details

    Legislation to give President Obama Trade Promotion Authority (TPA) was just introduced. TPA gives the President the authority to negotiate trade agreements, which are then presented to Congress for an up-or-down vote. When asked whether Congress should enact TPA legislation, Senator Ron Wyden (D–OR), who is likely to assume chairmanship … More

    Tea Party Supporters Should Continue to Back Free Trade

    Recent media reports have questioned whether “Tea Party” members support free trade. Historically, the record is clear: Tea partiers were America’s original free traders. In 1773, American colonists dumped 340 chests of tea into the Boston Harbor rather than pay tariffs on imported tea. Less than three years later, signers … More

    Politicians Should Listen to Economists on Free Trade

    On February 8, the government will release data for 2012 imports and exports. This annual release often ignites a debate about trade policy. But among economists, there’s not much debate over the benefits of free trade. The University of Chicago’s Booth School of Business regularly surveys economic experts. Last year, … More

    Mexico's New President Takes Office

    With enormous fanfare, Mexico inaugurated its new president on Saturday. Outgoing President Felipe Calderon of the National Action Party will pass the keys of the executive to Enrique Peña Nieto of the Revolutionary Institutional Party (RIP), who will begin a six-year term. President Peña Nieto won the election on July … More

    What Does the Obama Administration Have Against Cheap Vegetables?

    The Obama Administration’s Commerce Department recently took a preliminary position in favor of ending a 16-year-old trade agreement governing tomatoes imported from Mexico. The Florida Tomato Exchange asked the Administration to end the agreement because it doesn’t want to compete with low-priced tomatoes grown in Mexico. This announcement took Mexico … More

    Boost for the U.S. and the Trans-Pacific Partnership

    The G-20 meetings in Mexico over the weekend might actually have accomplished something. Mexico was today invited to join the nine countries, including the U.S., currently negotiating the Trans-Pacific Partnership (TPP), an investment and trade agreement. If nurtured properly, this development has the potential to improve the global trading system. … More

    Obama Administration (Sort of) Goes to Bat for Free Trade Agreements

    The Obama Administration recently made its strongest statement yet in support of free trade agreements. Secretary of State Hillary Clinton commented on the challenges of implementing trade agreements: It does mean you have to take on entrenched interests and respond to concerns about new competition, while making the case over … More

    Obama and Calderon Move Goal Posts for Summit Win

    The March 3 working meeting between Mexico’s President Felipe Calderon and U.S. President Barack Obama loomed as a showdown over Mexico’s sputtering war against crime and increasingly prickly relations between Mexico and the U.S. The encounter, however, took a sunny turn when the two presidents agreed to focus on trade, … More