Into the Abyss: Is a U.S.-China Trade War Inevitable?

Never have the U.S. and Chinese economies been more interdependent than they are today. Never has the value of the bilateral trade and investment relationship been greater. Never has the precarious state of the global economy required comity between the United States and China more than it does now. Yet, with Donald J. Trump ascending to power on a platform of nationalism and protectionism, never have the stars been so perfectly aligned for the relationship to descend into a devastating trade war.

Withdrawing from TPP Was a Senseless Act of Wanton Destruction

Demonstrating his preference for action over reason, President Trump has 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. Comments Cato scholar Daniel J. Ikenson, “The geostrategic rationale for TPP—which has yet to dawn on the president—is much less about achieving overt economic and security objectives than it is about preserving and strengthening U.S. soft power.”

After Brexit: Charting a Course for the United Kingdom’s Trade Policy

Last month’s vote by the United Kingdom to leave the European Union gives control over trade policy back to British officials, who are now faced with the difficult task of creating new domestic institutions and formulating trade and other international economic policies. Two big questions are: (1) How free-trade oriented will the UK be? And (2) how will the UK approach trade negotiations with countries outside Europe? In a new paper, Cato scholar Simon Lester evaluates the UK’s options, and makes recommendations for how it should proceed.

Cato Studies

Of Special Note

The Libertarian Mind: A Manifesto for Freedom

The Libertarian Mind: A Manifesto for Freedom

Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies. The Libertarian Mind is the ultimate resource for the current, burgeoning libertarian movement.

Special! 10 Copies for $10

Cato Pocket Constitution

To encourage people everywhere to better understand and appreciate the principles of government that are set forth in America’s founding documents, the Cato Institute published this pocket-size edition.

Cato Book

The Tyranny of Silence

With the tragedies in Denmark and Paris, self-censorship in the face of intimidation and the nature of free speech are at the forefront of public debate. No one knows this debate better than Flemming Rose, the editor of the Danish newspaper that published the cartoons of the prophet Muhammad in 2005 that set off a global firestorm. In Tyranny of Silence, published by the Cato Institute, Rose offers a deeply personal look at attempts to limit free speech in a multireligious, culturally borderless world.

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Free Trade, Free Markets: Rating the Congress

Free Trade, Free Markets: Rating the Congress

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.