Trade

Trade

Approving new NAFTA a no-brainer for new Congress

The Hill
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...

Mr. President, It’s Time for Zero Tariffs

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.

The 5 surprising things about the new USMCA trade agreement

Washington Post Monkey Cage
ACCF Scholar Chad Bown on six big changes NAFTA's replacement, the USMCA, makes

Tough Russia Sanctions Could Backfire on the U.S.

Fortune
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.

Retaliatory Tariffs Could Set Back America’s Energy Future

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.

Stephen Moore: The threat of tariffs may work

Creators Syndicate
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.

Sweating the Auto Details of Trump’s Trade Deal with Mexico

PIIE
New publication from Peterson Institute for International Economics on President Trump's trade deal.

ACCF Statement on One Year Anniversary of Start of NAFTA Negotiations

ACCF Chief Economist Dr. Pinar Cebi Wilber issued the following statement in recognition of the one year anniversary of the commencement of NAFTA renegotiation: “Today...

ACCF Urges Inclusion of ISDS in NAFTA 2.0

ACCF Urges Inclusion of ISDS in NAFTA 2.0 Investor protections ensure that U.S. companies are treated fairly by our trading partners WASHINGTON, DC — The North...

Why the Investor State Dispute Settlement is critical to NAFTA

The Washington Times
In an ideal world, where the rule of law and fair treatment of any subject is the common theme of legal systems around the world, the Investor State Dispute Settlement could be obsolete as Mr. Trump and Ms. Warren wish. However, the reality and past evidence point to the fact that a strong and binding ISDS is beneficial for any participant to protect one’s investment. In a highly globalized capital market, that not only protects the corporations but also their workers and the private investors who own these assets through various savings vehicles, including through retirement accounts.

Donald Trump’s zero-tariff solution

The Washington Times
Zero tariffs would be the ultimate victory for totally free and fair trade. It would advantage the United States most because we already impose the lowest trade barriers. It would also expose many of Mr. Trump’s severest critics as free-trade frauds. President Trump, you should do this because the worst that could happen is our allies may even take you up on the offer.

Kigali: An ‘America First’ trade initiative disguised as a climate deal

The Hill
The Kigali Amendment to the Montreal Protocol, which is currently being considered by the Trump White House, represents a golden opportunity to further this strategy. It sets the pathway for international adoption of next generation American technologies to replace ozone depleting chemicals still in use by two thirds of the developing world, creating a cumulative $1-trillion market.

ACCF Chief Economist Discusses Tariffs and Trade

On TRT World "Bigger than Five," ACCF Chief Economist Dr. Pinar Cebi Wilber discusses the latest developments and impacts of President Trump's tariffs and U.S. trade policy.

Will Trump’s tariffs help U.S. workers? It could be a wash

PBS
A decade ago, Whirlpool controlled about half of the domestic washing machine market. But when things started going downhill, the company blamed unfair competition...

Mexico makes good on threats to impose tariffs on $3 billion...

The Washington Post
Mexico said it would impose import duties on $3 billion worth of U.S. products, including cheese, bourbon, pork and others, making good on its threats...

Trade wars have no winners

USA Today
The Administration has policies that could help the economy over the long run, such as tax and regulatory reform or simple workforce development, but when it comes to trade policy, ideology trumps good economic arguments. Despite the belief in the White House, trade wars have no winners.