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    Are Sugar Tariffs Raising the Cost of Your Easter Basket?

    Easter has arrived, and so has everyone’s favorite bunny rabbit. While kids are excited about their chocolate bunnies, Peeps, and jelly beans, parents continue to pay more than they should, and the U.S. government is to blame. Since the Great Depression, import quotas, tariffs, and subsidies for domestic sugar producers … More

    Trade, Not Aid, Could Protect 100,000 Children in Africa

    President Obama’s proposed 2015 budget continues to put aside money for malaria prevention worldwide in the battle to help the 3 billion people at risk from the disease. Much of this money goes to sub-Saharan Africa, which accounts for 90 percent of all fatalities from Malaria. However, with responsible economic … More

    Don’t Wait to Cut U.S.-EU Tariffs

    The United States and the European Union (EU) are currently negotiating a proposed Transatlantic Trade and Investment Partnership (TTIP). A recent survey by the Atlantic Council and the Bertelsmann Foundation of over 300 “stakeholders” who have an interest in the TTIP talks suggests a possible strategy to jumpstart the agreement. … More

    More Trade, Please

    Some vocal critics of Trade Promotion Authority (TPA), which authorizes the President to negotiate trade agreements with other countries, argue that free trade harms U.S. workers. Economic experts disagree. In 2006, 87.5 percent of respondents to a survey of 210 PhD members of the American Economic Association agreed that the … 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

    Lawmakers’ Currency Demands Could Backfire on U.S. Exporters

    A number of U.S. legislators want to give the Obama Administration the power to impose tariffs on imports from countries that manipulate their currencies. Such a policy could boomerang on U.S. exporters if other governments follow suit, since reductions in the value of the dollar in recent years could be … More

    A Tariff Cut Can Boost U.S. Output

    The Federal Reserve recently cut its forecast for economic growth in the United States. That’s a problem. We need higher growth to create jobs and rebuild a prosperous middle class. However, there’s a simple way the government could combat continued weak growth: eliminate tariffs on inputs used by U.S. producers. … More

    America Needs a New Balanced Tariff Structure

    Where does America get its shoes? Today, 99 percent of shoes sold in America come from overseas. Imported shoes are taxed at an average rate of 10 percent, with some tariffs as high as 67.5 percent. Inexpensive shoes are taxed at higher rates, a burden for low-income Americans. New Balance … More

    Back to School: The Secret Costs Hiding in Your Child's Backpack

    It’s that time of year again, and back-to-school sales are in full swing. But before parents eagerly snap up every on-sale item, they might do well to consider this sobering fact: Almost everything they buy, from backpacks to lunchboxes to pencils, costs more because of tariffs. In 2012 alone, the … More

    Expiration of Trade Preference Program Means Higher Prices

    On July 31, the Generalized System of Preferences (GSP) expired. GSP is a program that waives tariffs on thousands of products that Americans import from developing countries. In 2012, the program reduced tariffs by $742 million. As House Ways and Means chairman Dave Camp (R–MI) observed, “GSP provides important benefits … More