by David Steven Jacoby | May 14, 2020 | Trade, Trump, WTO
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...
by David Steven Jacoby | Aug 28, 2018 | Business, Trade
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....
by David Steven Jacoby | Aug 28, 2018 | Business, Trade
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...
by David Steven Jacoby | Jun 1, 2018 | Business, Trade
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...