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    One Step Closer to Trade Sanctions Against China

    Tick, tick, tick — the sound of a Congressional trade bomb. By its own, not very exacting standards, Congress has patiently waited for change in Chinese currency policy. The single most likely time for that was the G-20 finance minister’s over the weekend in South Korea. But nothing meaningful from … More

    In the Company of an African Tyrant, Nuclear Ambitious Iran is Welcomed

    The April 22-25 visits of Mahmoud Ahmadinejad to Zimbabwe and to Uganda highlight Iran’s unrelenting quest for international partners ready to either associate with its anti-U.S., anti-West program or soften potential sanctions taking shape in the UN Security Council. The visits also allowed Iran to once-more denounce the meddling of … More

    US-China Trade: Only A Temporary Reprieve

    Today’s papers give the impression of a collective exhale on U.S.-China relations. Chinese President Hu Jintao is coming to Washington for a global nuclear security summit and that means a trade war over exchange rates has been averted. However, a better term than “averted” is “postponed.” It is probably true … More

    What Won’t Work With China, And What Might

    The New York Times, Washington Post, and others today ran front-page stories on economic and political disagreements the U.S. has with China. The headlines mostly distract from the real issue. China is nowhere close to a global military power but it is becoming a global economic power. It is therefore … More

    Brazilian Tariffs: Test for President Obama's National Export Initiative

    In a retaliatory response to the U.S. government’s unwillingness to eliminate domestic cotton subsidies, Brazil has announced higher tariffs on over 100 American goods ranging from cars to ketchup. Trade issues are central to the bilateral relationship between Brazil and the United States. Brazil is an attractive export destination for U.S. … More

    Guest Blogger: Rep. Doc Hastings (R-WA) on U.S. - Colombia Trade Promotion Agreement

    This past Sunday marked an important anniversary for the American economy. On November 22, 2006, the United States and Colombia signed the U.S.-Colombia Trade Promotion Agreement. This agreement would immediately eliminate tariffs on U.S. exports to this important trading partner – creating billions in revenue for U.S. businesses and new … More

    Free Tread

    President Obama has decided to apply heavy tariffs to passenger car and light truck replacement tires made in China. This is the latest and worst episode in an ill-advised assault on free trade with the PRC. Taking WTO-compliant steps to counter Chinese subsidies or other mercantilist behavior is entirely reasonable. … More

    Unexportable Jobs

    Here is a quote from the President’s new budget (emphasis added): “If we lead the world in the research and development of clean energy technology, we can create a whole new industry with high-paying jobs that cannot be shipped overseas. Some compare the promise of this sector to information technology.” … More

    Freeing American Entrepreneurs to Compete in Global Market

    Tax reform, not reckless government spending, is the way to revive the ailing U.S. economy. American entrepreneurs and businesses carry heavy taxes on their backs as they compete in the global marketplace, from India to China and Canada to Russia. Other nations followed the U.S. example in 1986 by cutting … More

    How the U.S. Should React to Chinese Price-Fixing Case

    Today’s Wall Street Journal has a story about China’s defense of price fixing with potentially vital implications for American trade policy. A group of PRC vitamin-makers admit illegal price fixing in the United States, but claim they are immune to prosecution because China’s Ministry of Commerce made them do it, … More