The Free Trade Candidate For President
His identity is no surprise. The only surprising thing is that in this day and age, the argument still needs to be made that free trade is a far better policy to follow than is the mindless and destructive protectionist–and yes, xenophobic–prescription Barack Obama’s allies are cooking up.
In Praise Of Charlene Barshefsky
Unlike many people in her party, Charlene Barshefsky has an accurate and sensible view of trade issues and–fortunately for the rest of us–is not shy about sharing those views with the public. Of course, I hope that there is some private conversation going on as well–namely, conversation that entails Ambassador Barshefsky lobbying her fellow Democrats and beseeching them to recall that trade liberalization helped work | Read More »
The Free Trade Key To The White House
The conventional wisdom is that you have to be a protectionist these days in order to survive politically. But Daniel Griswold reminds us that history is on the side of the free traders:John Kerry, Ross Perot, Michael Dukakis and Walter Mondale all tried to play the protectionist card, but none made it to the White House.Obama’s skeptical line on trade contrasts not only with McCain | Read More »
The Protectionists Smell Blood
This is a disaster:The Doha round of global trade talks, now in its seventh year, broke up without agreement yesterday after nine days of tense negotiations.Divisions between the US, India and China about access to the agricultural markets of the developing world could not be overcome and the talks ground to a halt, scuppering efforts by Pascal Lamy, director-general of the World Trade Organisation, to | Read More »
In the current round of Doha trade negotiations, the United States has made a positive gesture concerning agricultural subsidies:The US on Tuesday made the first significant move in this week’s politically fraught meeting of trade ministers in Geneva, cutting its proposed ceiling for farm subsidies to $15bn a year.The move would reduce US farm subsidies deemed to distort international trade by about $2bn (€1.3bn, £1bn) | Read More »
Your Good News/Bad News Post Of The Day
Free trade is flourishing in the East, which is wonderful news.With the West . . . well, it’s a different and significantly less-wonderful story.