Policymakers must be constantly reminded of the benefits of free trade and the costs of protectionism. Free trade is the extension of free markets across political borders. Enlarging markets to integrate more buyers, sellers, investors, and workers enables more refined specialization and economies of scales, which produce more wealth and higher living standards. Protectionism does just the opposite. Congress and the administration should pursue policies that expand the freedom of Americans to participate in the international marketplace.
Trade Policy
5,384 results found
Understanding the U.S.-China ‘Trade War’
Is the U.S. Trade Representative a Closet Free Trader?
Agriculture and Trade Links
Should the U.S. Take a Harder Stance on China’s Currency?
State of the Union 2012
The President’s Heroics and Other Tall Tales about the Auto Industry
SOTU and Trade: the Good, the Bad and the Ugly
President Obama Could Improve Relations with China at the Stroke of His Pen
President Obama’s Chance to Fix Deteriorating Economic Relations with China
The Panel Makers’ Petition
Trade and Global Economic Freedom
Does the U.S. Economy Need More Boeings or More Facebooks?
‘Insourcing’ Confusion
GOP the Loser in Primary Fight over Immigration