Trade

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    A new chapter for the ‘special relationship’

    Madeleine Kearns writes for National Review Online about one potential impact of Brexit. President Obama saw Britain’s continued membership in the European Union as a worthy enterprise: one that secured peace, freedom of movement, and a common market. But despite the best efforts of liberal globalists in the…
    Mitch Kokai, February 5, 2020
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    A defense of comparative advantage

    Writers at National Review Online are engaging in verbal fisticuffs over the merits of free markets. Veronique de Rugy comes down on the pro-free-market side. She also offers us a great reminder of the concept of comparative advantage. McCarthy writes that “Comparative advantage is yet another reductive philosophical…
    Mitch Kokai, January 29, 2020
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    Cowen touts Trump’s trade dealings with China

    Tyler Cowen offers Japan Times readers a positive assessment of President Trump’s latest trade announcement. It is too early to give a final assessment of the U.S.-China trade deal, the details of which have just been published, but it’s not too soon for a provisional opinion: China is…
    Mitch Kokai, January 20, 2020
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    Bernie sides with environmentalists over unions

    Bill McMorris of the Washington Free Beacon highlights an interesting calculation from Democratic presidential contender Bernie Sanders. Socialist senator Bernie Sanders (I., Vt.) chose to support the interests of environmentalists over the nation’s largest labor union at Tuesday’s debate, saying he will vote against the Trump administration’s renegotiation…
    Mitch Kokai, January 16, 2020
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    Thanks, capitalism and free trade

    Brad Polumbo looks back at the 2010s for the Washington Examiner. It’s human nature to focus on the negative, so it’s worth starting 2020 with an earnest appreciation of all the gains we made during the last decade. Despite the doom-and-gloom rhetoric of economic disaster pushed by politicians…
    Mitch Kokai, January 2, 2020
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    The future of U.S.-China trade relations

    William Priest explains for Barron’s why a trade agreement will not mean the end of conflict between the United States and China. The trade truce between the U.S. and China has been well received by markets. But the conflict is bigger than trade or even tech. At stake…
    Mitch Kokai, December 30, 2019
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    A critique of the trade deal with China

    Helen Raleigh of the Federalist pans a proposed trade agreement with China. Last Friday, U.S. and Chinese officials confirmed that that two nations reached a “phase one” trade deal. After more than two years of uncertainty, this is welcome news for many. Yet it is concerning because so…
    Mitch Kokai, December 18, 2019
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    Moving toward more trade liberalization

    Clark Packard explains at National Review Online why he hopes a renegotiated North American free-trade deal marks a first step toward a larger goal. After another tumultuous negotiation, House Democrats and the Trump administration have announced an agreement to move forward with the USMCA, the flawed but salvageable…
    Mitch Kokai, December 12, 2019