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… Read More
Imports: Let’s Hear More Economic Sense Like This from the President
As President Obama heads to Chattanooga, Tennessee, today to give a speech at an Amazon.com fulfillment facility, he finally seems to be coming around on… Read More
News
Dealing the Right Cards in Japan’s Upper-House Shuffle
On Sunday, Prime Minister Shinzo Abe’s Liberal Democratic Party (LDP) took majority power in Japan’s upper house, giving his party majority control over both upper… Read 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… Read More
China GDP Claims Don’t Matter
China’s State Statistical Bureau (SSB) announced second-quarter real gross domestic product (GDP) growth at 7.5 percent and first-half real GDP at 7.6 percent. High or… Read More
Good News: Reporters Link Bigger Trade Deficit to Stronger Economy
The government just announced that the trade deficit for May increased by $400 million. Usually, the media report announcements of bigger trade deficits as bad… Read More
Syria and the G8: Only a Dinner Party Discussion
The leaders of the G8 have wrapped up a two-day summit. Although tax, transparency, and trade (the so-called three Ts) were priorities on the official… Read More
Will the Currency Zombie Eat the Trans-Pacific Partnership?
Currency manipulation is the issue that never dies. No matter how many times the link between exchange rates and American jobs is shown to be… Read More
20 Completely Unjustified Programs in the House Farm Bill
The House of Representatives is preparing to vote on a $1 trillion package of agriculture subsidies and welfare benefits that exemplifies warped federal policy. Within… Read More
Brazil Turns Away from Capital Controls
Last week, Brazil announced that it is finally eliminating its most prominent tax on foreign portfolio investment. This reversal is the most recent reminder of… Read More
