Recent polling results puncture the current conventional wisdom on trade and public opinion — in particular, that Americans have turned en masse against trade and globalization, and that President Donald Trump’s economic nationalism reflects the bottom-up policy demands of a silent majority of American voters. In a new paper, Cato scholar Scott Lincicome reviews the data and shows that United States’ recent implementation of protectionist tariff and trade policies has not been driven by intense public demands for such policies.
Many good reasons exist to negotiate and conclude a bilateral trade agreement between the United States and the United Kingdom. One of the best reasons is that it affords two of the world’s largest economies — both deeply committed to the institutions of free-market capitalism and the rule of law — the opportunity to break new ground and pioneer the rules of a genuinely liberalizing 21st-century trade agreement. In a new paper, Daniel J. Ikenson, Simon Lester, and Daniel Hannan describe the principles that should be reflected — as well as the substantive issues, elements, and provisions that should be included — in what free traders would consider the ideal free trade agreement between the United States and the United Kingdom.