By any reasonable measure, Americans are better off now than during comparable periods in the past, and expanding engagement in the global economy has played an important role in the ongoing, upward trend in American employment and living standards. To promote further progress for American workers and households, Congress and the administration should pursue policies that expand the freedom of Americans to mind over markets power trading pdf in global markets. Enter the terms you wish to search for. Finding a Better Way to Resolve U.
This visit could have an important impact on the U. China trade relationship over the rest of President Trump’s time in office. Huan Zhu explore in depth one particular issue — access to the Chinese beef market — and use it to illustrate the need for a comprehensive Free Trade Agreement. China’s interest in playing a more prominent role in advancing trade and economic integration in the Asia-Pacific region. This has raised concerns in Washington that such efforts will come at U. Beijing is finally becoming the responsible stakeholder that many have long urged it to be. A renewed focus on international trade’s disruptions to the U.
American workers and the economy. American protectionism has repeatedly failed as an economic strategy. Trump Has Whiffed on Trade So Far. Instead of leading the way on trade liberalization, U.
Colin Grabow: In Spite of Trump’s Bluster, U. A new op-ed by trade scholar Colin Grabow discusses Trump’s surprising trade status quo, and the outlook for 2018. Despite anti-trade rhetoric, President Trump has imposed no discretionary protectionism. Sold as a tonic to promote economic strength, New York’s new Buy American law is instead sure to sap the state’s vitality through a witch’s brew of higher taxes, worsened infrastructure, and increased budget strain. Chinese Intellectual Property Policies Demand a Smart U.
In sum, broad retaliatory tariffs under Section 301 in this case would likely impose high political, economic and legal costs, while likely failing to achieve needed policy changes in China. When you hear people tout President Trump’s push for lessening the burden of regulation, keep in mind that with trade policy, we are seeing a regulatory expansion. Clashing over Commerce: A History of U. By Simon Lester and Huan Zhu. By Simon Lester, Inu Manak, and Daniel J.
As China’s economic power has increased, so has criticism of its market-distorting economic practices. China and used unilateral actions and threats, but U. In a new paper, Cato scholars Simon Lester and Huan Zhu argue that an overly aggressive approach runs the risk of a serious U. China trade war, and instead, the United States should initiate formal negotiations on a trade agreement with China.