On June 20th, the ACCF hosted a timely trade policy event on Capitol Hill featuring the latest developments on the USMCA, tariff war with...
A senior House Democrat today expressed skepticism about the Trump administration's hope for a vote on the U.S.-Mexico-Canada Agreement before the long August congressional recess. "Not going to happen," Rep. Earl Blumenauer (D-Ore.), chairman of the House Ways and Means Trade Subcommittee, said at an event hosted by the American Council for Capital Formation. "I think it's very unlikely that something is going to happen before the August recess."
Akron Beacon Journal
Ohio’s experience with NAFTA exemplifies how deeper and stronger ties with its neighbors have been a win-win proposition. The adjustments included in the USMCA will bring more balance to North American trade and create a variety of long-term benefits to communities across Ohio.
Dr. Pinar Cebi Wilber addresses the U.S. Trade Representative’s planned Section 301 tariffs on China’s imports to the United States.
The Morning Call
The USMCA does not repudiate the gains of NAFTA but instead aims to build on them, leveling the playing field, correcting imbalances, and bringing new opportunities to people in all three countries, specifically in Pennsylvania. The state’s lawmakers need to prioritize ratifying the deal this year.
The Washington Times
For more than two centuries, economists and well-read people have understood that tariffs reduce the levels of competitiveness and prosperity. Adam Smith (1723-1790) explained...
Who would have guessed as short as three years ago that trade policy would dominate American and world politics? The champion for global trade...
ACCF Senior Vice President and Chief Economist Pinar Cebi Wilber says retro trade policies aren’t a good look
Investor's Business Daily
The U.S. could decrease its attack on free trade and concentrate on things that will improve the bottom-line for the U.S. economy in the long run. These issues could be few, given the divided government, but no less impactful.
After lengthy negotiations and a lot of hand-wringing by American economists and business leaders, the United States, Mexico and Canada have struck an amenable...
Wall Street Journal
Strategically, offering the carrot of zero tariffs will allow America to seize the moral high ground in the trade debate. It will also put the U.S. in a stronger position as you negotiate with China to end some of Beijing’s most abusive trade policies.
Washington Post Monkey Cage
ACCF Scholar Chad Bown on six big changes NAFTA's replacement, the USMCA, makes
DASKAA’s sledgehammer approach could cripple American business more than the Russian government can, leaving domestic U.S. firms to pay the price for Russian offenses. Through a targeted approach like the one proposed in the CDRA, domestic businesses and international markets will not be collateral damage in the fight against election meddling.
Real Clear Energy
Tariffs could pose real danger to the American energy renaissance that the president has worked hard to help nurture. If we really want “energy dominance” and if we really want to build the kind of energy security that will make America great for generations, we can’t afford setbacks to our energy future from a dangerous game of trade brinksmanship. Now is the time to reevaluate our approach to trade to ensure that retaliatory tariffs don’t undermine much needed economic momentum.
The threat of tariffs is leading to lower tariffs. The irony is that if President Trump keeps winning this way, he may actually end up being one of the champions of freer trade.
New publication from Peterson Institute for International Economics on President Trump's trade deal.