Senator Josh Hawley’s op-ed in the New York Times last week titled “The WTO Should be Abolished” unleashes a flamethrower at the World Trade Organization (WTO). As with most Trumpian tear-downs of the status quo, there is some truth in the rage. It is true that “free...
The current trade policy of the current U.S. administration is inflating U.S. costs and driving away longstanding trading partners while not changing the fundamental economics of trade or the Chinese government’s protectionist approach to intellectual property....
Blaming the world for the US trade deficit misses a major opportunity: the US is already a global leader in services exports, and that leadership can provide an avenue for the country to develop a sustainable competitive advantage in knowledge-based high-tech...
The United States has not lost international economic power because of China. Or Germany, or Mexico, or Turkey, or any other country. It’s losing because it’s bloated and rigid, which inflate US companies’ costs and make them lose business to lower-cost competitors...
