Politics & Policy

China and Currency Valuation

Will the Treasury Department’s semi-annual report on foreign-exchange-rate practices, due to be released in April, label China a “currency manipulator,” as is being increasingly speculated? If so, that conclusion would ...
Politics & Policy

Manufactured Objections

During the past few years, America has grown increasingly averse to trade. This trend is the product of myths perpetuated by campaigning politicians, captured policymakers, TV charlatans, and woefully ill-informed ...
Politics & Policy

Bad Trade

Considering the disposition of the 110th Congress, it’s probably just as well that the Doha World Trade negotiations failed to produce any new agreements. Litigation and enforcement — not cooperation ...
Politics & Policy

Trade, They SED

Proponents of a confrontational approach to trade relations have been critical of the deliberative nature of the U.S.-China Strategic Economic Dialogue, which began its fourth semi-annual installment in Annapolis Tuesday. ...
Politics & Policy

Traders

Whatever Hillary Clinton and Barack Obama say about the fallout from free trade, producers in Indiana and North Carolina are enjoying a golden age of exports. Both Clinton and Obama promise ...
Politics & Policy

Trading Up

President Bush announced Monday that he will send the U.S.-Colombia Free Trade Agreement to Congress for a vote. It was a bold decision and the right one. Whatever ...
Politics & Policy

Pen Beats Sword

U.S. and Chinese government delegations reconvene in China today and tomorrow for the third installment of the semiannual “Strategic Economic Dialogue.” Among the issues on the agenda are product safety, ...
Politics & Policy

Fear and Mythology

In his National Review Online piece yesterday, Dow Chemical’s Andrew Liveris paints a near-tipping-point picture of the U.S. manufacturing sector to support his call for Carteresque restraints on energy consumption. ...