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    President Obama: Wrong on Rhetoric, Wrong on Trade Policy

    Trade policy is once again in the spotlight with President Obama’s announcement this week of a new suit against China in the World Trade Organization (WTO). The President announced the action—which argues that China unfairly subsidizes parts of its automotive industry—during a speech on Monday in Ohio. In announcing the … More

    The Jones Act vs. Affordable Energy

    The Wall Street Journal recently highlighted another Washington regulation that is holding back the economy. But this one can’t be blamed on President Obama, because it was enacted over 90 years ago. The protectionist Jones Act requires shippers transporting goods between two points in the United States to use vessels … More

    Morning Bell: Shocking News! Trade with China Supports U.S. Jobs

    The presidential debate yesterday moved to trade with China, with the usual rhetorical suspects—including “outsourcing” and the “trade deficit”—taking center stage. President Obama announced that his Administration had filed a complaint against China with the World Trade Organization. But a groundbreaking new report from Heritage proves that importing goods from … More

    Protectionist "Obsession" Is Misplaced

    Former Governor Jennifer Granholm (D–MI) confessed Wednesday to an “obsession” with creating manufacturing jobs in the United States. That is a brave admission, given that the dictionary defines obsession as “a persistent disturbing preoccupation with an often unreasonable idea.” Following up on President Obama’s call in Charlotte for creation of … More

    Budget Deficits vs. Exports

    The federal government recently announced that it is expected to run a budget deficit of more than $1 trillion for the fourth straight year. One often-overlooked result of these large budget deficits is their negative impact on U.S. exporters. Sales of U.S. Treasury securities to foreigners are not counted as … More

    Gibson Guitar: Settling Away Bad Publicity

    It’s another August in Washington. It’s hot and humid. Most people not already at the beach are indoors watching the Olympics or in the water at a pool. The Redskins have started their preseason camp. The Nationals are in first place. The political parties’ conventions are weeks away, school even … More

    Trading Up to Create Better Jobs

    According to a recent USA Today/Gallup poll, creating good jobs should be the number one priority for the next President. One of the best ways to create good jobs is to expand free trade. Consider the following numbers: In the five years after the North American Free Trade Agreement (NAFTA) … More

    Time to Safeguard Ourselves from Rising Protectionism

    Last week, Pascal Lamy, chief of the World Trade Organization (WTO), gave a stark warning that rising protectionism is a serious threat to global economic recovery. Indeed, not too long ago, The Heritage Foundation’s Center for International Trade and Economics also counseled that “global trade freedom needs a boost.” We … More

    The Sweet Fruits of Free Trade

    After years of delays and renegotiations, a free trade agreement between the United States and South Korea (KORUS) finally took effect four months ago. Some parts of the U.S. economy are already bearing sweet fruit. As of this year, cherry growers in Washington have shipped 368,000 boxes of fresh cherries … More

    Keeping an Eye on the Other Leadership Race—in China

    The impending convening of the 2012 Beidaihe conference in China is a meeting of global significance. China is now the world’s second-largest economy and has a military that has benefited from two decades of double-digit growth. The decisions made in Beidaihe will affect us for the next 10 years and … More