The Corner

Free-Trade Prez?

Last week:

“Today, we’ve learned the lessons of history,” President Obama said yesterday in London, sounding like the staunchest free-marketer denouncing the government’s protectionist response in 1930, which deeply worsened the Great Depression.

“We have rejected the protectionism that could deepen this crisis,” he said. “History tells us that turning inward can help turn a downturn into a depression.”

Today:

United States Imposes Tariffs on Softwood Lumber from Four Canadian Provinces Due to Canada’s Failure to Comply with the Softwood Lumber Agreement

WASHINGTON, D.C. – United States Trade Representative Ron Kirk today announced that the United States is imposing 10 percent ad valorem customs duties on imports of softwood lumber products from four Canadian provinces (Ontario, Quebec, Manitoba, and Saskatchewan).  The United States is exercising its right to take this action in response to Canada’s failure to cure a breach of the 2006 Softwood Lumber Agreement between the United States and Canada (SLA) and failure to impose the compensatory measures determined by the Tribunal.  These duties will remain in place until such time as the United States has collected $54.8 million.

Bush imposed tariffs on Canadian lumber, too. Early in his first term, Cato’s Brink Lindsey and Mark Groombridge urged him to drop our ongoing lumber dispute with Canada. They pointed out the de minimis nature of Canada’s subsidies to its local loggers and the high costs that tariffs imposed on U.S. timber-using industries. Bush didn’t listen, and now it looks like Obama will pursue the same bad policy.

Most Popular

Film & TV

Bill Murray: The King of Cool

Bill Murray’s Bill Murray impression is priceless in On the Rocks, the way John Wayne did a fantastic John Wayne parody in True Grit and Al Pacino found a new level of Pacino-ness in Scent of a Woman. I want to quote every line of dialogue Murray delivers in his new movie for Apple TV+ -- every hilarious piece ... Read More
Film & TV

Bill Murray: The King of Cool

Bill Murray’s Bill Murray impression is priceless in On the Rocks, the way John Wayne did a fantastic John Wayne parody in True Grit and Al Pacino found a new level of Pacino-ness in Scent of a Woman. I want to quote every line of dialogue Murray delivers in his new movie for Apple TV+ -- every hilarious piece ... Read More
Media

The Media’s Shameful Hunter Biden Abdication

In an interview with National Public Radio’s public editor today, Terence Samuel, managing editor for news, explained why readers haven’t seen any stories about the New York Post’s Hunter Biden email scoop. “We don’t want to waste our time on stories that are not really stories, and we don’t want ... Read More
Media

The Media’s Shameful Hunter Biden Abdication

In an interview with National Public Radio’s public editor today, Terence Samuel, managing editor for news, explained why readers haven’t seen any stories about the New York Post’s Hunter Biden email scoop. “We don’t want to waste our time on stories that are not really stories, and we don’t want ... Read More
Books

Orwell, Huxley, and Us

To hear some people tell it, America entered a dystopia long before the coronavirus and measures undertaken to combat it altered everyday life almost to the point of unrecognizability. As for which dystopia, and when, well — that depends on whom one asks. For many on the left, the annus horribilis was 2016, ... Read More
Books

Orwell, Huxley, and Us

To hear some people tell it, America entered a dystopia long before the coronavirus and measures undertaken to combat it altered everyday life almost to the point of unrecognizability. As for which dystopia, and when, well — that depends on whom one asks. For many on the left, the annus horribilis was 2016, ... Read More

Election-Meddling Redux

It is not an attack on the American election. It is an influence operation aimed at the American media, using the $60 billion per annum American intelligence apparatus to pull it off. And it’s working. On Wednesday night, it was suddenly announced that U.S. security services would conduct a press ... Read More

Election-Meddling Redux

It is not an attack on the American election. It is an influence operation aimed at the American media, using the $60 billion per annum American intelligence apparatus to pull it off. And it’s working. On Wednesday night, it was suddenly announced that U.S. security services would conduct a press ... Read More