Archive for the ‘Trade’ Category

Comments Off on Trade Wars Lead to Shooting Wars and Depressions

FEE.ORG – The current President of the U.S. has imposed tariffs on imported steel and aluminum effective March 23, 2018 and proposes tariffs on products imported from China. He has also proposed revoking U.S. participation in the North American Free Trade Agreement (NAFTA) which has enabled a large expansion of trade between the U.S., Canada and […]

Comments Off on Trump’s Trade Policy Should Stay In The 1980s Where It Belongs

LIBERTY REVIEW – Remember the ’80s? I do: Fanny packs. Big hair. Renting movies to watch at home that you had to rewind. In the beginning, we were still using rotary telephones; by the end, we had the first cell phone—commonly known as brick phones offering a whopping 30 minutes of talk time. Cameras with film you […]

Comments Off on How Foreign Competition Strengthens Domestic Firms

FEE.ORG – Protectionists tell us that trade produces competition for domestic producers— something they must be, well, protected against. People who actually understand trade say that it produces competition for domestic producers which there should not be protection against. A new paper from two University of Nottingham academics points out just how much this is true, just […]

Comments Off on Trump’s Failing Grade on Trade Threatens His Overall GPA on Economic Policy

INTERNATIONAL LIBERTY – I explained last month that the World Trade Organization’s dispute-resolution mechanism is the best way of discouraging China from short-sighted mercantilist and cronyist trade policies. The Trump Administration, though, thinks that the best response to bad Chinese trade policy is to adopt bad American trade policy. In this interview, I fret that […]

Comments Off on Migrant Caravan Spooks Trump and Threatens Trade

REASON – Migrants marching toward U.S. border want asylum. A group of Central American migrants marching toward the U.S.-Mexico border has presented the perfect fodder for President Trump’s warnings about border security and alt-right fears about hordes of invading brown people. On Tuesday morning, the president warned on Twitter that a “caravan of people from […]

Comments Off on Trump’s Economic Illiteracy Has Deep Roots

REASON – When Russ Roberts, the George Mason University economist and host of the EconTalk podcast, visited the Reason office last week to be a guest on our podcast, he was asked about President Donald Trump’s economic policies. Roberts offered a succinct, and powerful, rejoinder to the president’s view that America’s trade deficit with China […]