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, …
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 …
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 …
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. …
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 …
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, …
