• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • trade

    Magnitsky Act Promises to Punish Human Rights Abuse, Open Trade

    Last Thursday, the House of Representatives passed a bill that included language—called the Magnitsky Act—that for the first time punishes Russian officials implicated in serious human rights abuses. The bill was passed by an overwhelming majority—365 to 43—demonstrating strong bipartisan support. The Senate will vote on the Magnitsky Act and … More

    Chinese Imports Create U.S. Jobs and Help the Poor

    The recently concluded presidential campaign contained a substantial amount of China-bashing from two candidates fighting over who would be tougher on trade. In reality, getting tough on trade would mean getting tough on poor people and destroying U.S. jobs. A working paper from University of Chicago scholars Christian Broda and … More

    India Helps U.S. Join Asian Maritime Grouping

    Last week, India assisted the U.S. in securing dialogue-partner status in the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC), a 20-member grouping of littoral nations of the Indian Ocean. India and the U.S.—as well as other Indo-Pacific nations such as Australia, Japan, Singapore, and Malaysia—share an interest in maintaining … More

    Government Waives Destructive Jones Act for 12 Days—Why Not Longer?

    In the aftermath of Hurricane Sandy, the federal government recently waived the Jones Act for 12 days to allow oil tankers to deliver fuel to northeastern ports. The Jones Act, which has been on the books since 1920, mandates that any goods shipped between two points in the United States … More

    Fact Checkers Get It Wrong on Jobs and China

    Who fact-checks the fact checkers? After the debate Monday night, CNN engaged in a fact-checking exercise. Many criticize these exercises for being more slanted and less accurate than what’s being fact-checked in the first place, and sure enough, this is what happened with China trade and jobs. CNN, for example, … More

    Debate on Trade: It Isn't Just About How Many Cases You Bring to the WTO

    Trade policy with China was again front and center in last night’s presidential debate, with President Obama defending his Administration’s trade policies. In particular, the President highlighted the number of cases his Administration has prosecuted at the World Trade Organization (WTO) as his signature trade achievement: [We] set up a … More

    September Jobs Report Shows Imports Create Jobs

    The jobs report is out, and it reveals more than you may think. While President Obama seems to believe that exports alone will grow us out of the recession, the report indicates something much different: that imports are helping create lots of jobs. In September, the economy created 25,000 jobs … More

    WATCH at 1 p.m.: Debunking Myths on Trade and Jobs

    Trade and job creation came up in the presidential debate last night. A longstanding argument for blocking trade is that imports hurt jobs. This argument is wrong, and we can prove it. A paper published by The Heritage Foundation documents that the process of importing—offloading from ships and planes, transporting … 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

    U.S. Foreign Policy Should Advance Economic Freedom

    In his recent commentary, Congressman Devin Nunes (R–CA) penned a bold foreign policy idea that is based on advancing economic freedom: It’s time to try a new approach to foreign policy—creating an alliance of free-trading nations.… This alliance of free-trading nations will welcome any nation that wants close relations with … More