If you are on the Trump administration trade team, and you think foreign tariffs are too high, the solution is to negotiate trade agreements that lower them (in both directions).
A back-of-the-envelope analysis shows that the Trump Administration’s tariffs will erode the benefits of tax reform.
Trying to divine the Trump administration’s true intent with regard to all of its various tariffs is a challenge, but all Americans will pay a price for whatever it is the administration thinks it is doing.
June 16, 2018
June 15, 2018
June 15, 2018
June 12, 2018
By Jeffrey Kucik and Krzysztof Pelc. Research Briefs in Economic Policy No. 113. May 16, 2018.
By James Bacchus. Policy Analysis No. 841. May 8, 2018.
By Chris Edwards. Tax and Budget Bulletin No. 82. April 12, 2018.
By Colin Grabow. Policy Analysis No. 837. April 10, 2018.
As China’s economic power has increased, so has criticism of its market-distorting economic practices. The U.S. government has brought international trade complaints against China and used unilateral actions and threats, but U.S. businesses are unsatisfied with the results. In a new paper, Cato scholars Simon Lester and Huan Zhu argue that an overly aggressive approach runs the risk of a serious U.S.-China trade war, and instead, the United States should initiate formal negotiations on a trade agreement with China.
Demonstrating his preference for action over reason, President Trump signed an executive order to officially withdraw the United States from the Trans-Pacific Partnership agreement. On the one hand, it’s refreshing to witness the rare act of a politician fulfilling a campaign pledge. On the other hand, there is nothing else good about it.
From the Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies, the Cato Trade Newsletter is a periodic email featuring trade policy news, commentary, and resources from a free-trade perspective.
This interactive web site allows users to examine how Congress and its individual members have voted over the years on bills and amendments affecting the freedom of Americans to trade and invest in the global economy. The web site includes votes previously examined in a series of Cato studies published from 1999 through 2005, as well as more recent votes.