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    U.S. Should Support Full Integration of Taiwan into Regional Economy

    A growing economic relationship between Taiwan and India would be a very positive development in Taiwan’s effort to become fully integrated into the regional economy. The U.S. should encourage it. Taiwan hopes that a recent report funded by India’s Ministry of External affairs and released by India’s Council for Research … More

    Are These Senators Regretting Their Export-Import Bank Votes?

    For some lawmakers, corporate welfare is okay, unless it hurts someone in their district. Four lawmakers from Minnesota and Michigan are up in arms over a proposed $650 million financing deal for Roy Hill, an Australian mining company. The deal, backed by the Export-Import Bank, the U.S. government’s export credit … More

    Apple vs. Samsung: Why Is the Obama Administration Involved?

    Apple and Samsung have been fighting over cell phone patents for a while. Samsung won a round in June when the U.S. International Trade Commission (ITC) ruled in its favor on certain patents, blocking sale of some older Apple products. The Obama Administration last week overturned the ruling. The Administration … 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

    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

    “Everyday High Prices” Should Not Be Trade Agency’s Slogan

    Trans-Pacific Partnership (TPP) trade negotiations are taking place this week in Malaysia. Here’s a modest suggestion to help new U.S. Trade Representative Michael Froman bring the TPP to a successful conclusion: eliminate the position of Assistant U.S. Trade Representative for Textiles, a job that places the welfare of one special … More

    Include Taiwan in the Trans-Pacific Partnership

    “We do hope to [get] into TPP [Trans-Pacific Partnership] as early as possible,” said Mignonne Man-Jung Chan, former senior adviser to the President on Taiwan, at a recent event at The Heritage Foundation. Dr. Chan’s statement reflects the opinion of the Taiwanese government and key analysts who echo the sentiment … More

    Time to Upgrade the African Growth and Opportunity Act

    Africa is increasingly viewed as “a hopeful continent” whose next 10 years can be even better economically than the last 10. In this evolving economic reality, the United States should seize the opportunity to reinforce its vision of economic freedom and prosperity in the region. In his first public speech … More

    America’s Next Trade Chief Should Focus on Promoting Greater Trade Freedom

    Senator Max Baucus (D–MT), chairman of Senate Finance Committee, urged strong and unrelenting political leadership in pursuing a comprehensive free trade pact between the U.S. and the European Union. He highlighted the importance of choosing an effective and experienced leader as America’s next trade czar in his recent Financial Times … More

    Budget Deficits Undermine U.S. Trade Policy Agenda

    The Office of the U.S. Trade Representative (USTR) just released its 2011 Trade Policy Agenda, which highlights several initiatives designed to boost exports. Nowhere in the 443-page document is a mention of the biggest barrier to U.S. exports: the federal budget deficit. Budget deficits require the government to borrow money … More