The Myth of the Global “Free” Market

According to Politico, a “coalition of free-market advocacy, business and nonprofit groups is urging the leaders of the Senate Finance Committee to press forward on new legislation curbing the president’s tariff authority.” Ah, the siren song of the free market.  But does anyone really think the global trading system is characterized by “free” markets?  A…

The Pain-Free Solution to the Trade Crisis

There isn’t one. Contrary to the prevailing narrative, the pain didn’t start when the United States imposed tariffs on our trading partners.  The pain started much earlier.  When, exactly, doesn’t necessarily matter, though we can focus on China’s accession to the World Trade Organization (WTO), its subsequent skirting of the rules, the WTO’s insistence on…

Getting Rid of the “Sophie’s Choice” Between American Agriculture and American Manufacturing

As the Trump Administration continues to borrow the Democratic message that globalization has left American manufacturing workers behind, some of our trade partners have chosen to retaliate by targeting American agricultural workers.  As we rightly focus on whether our farmers will be hurt, however, it is important to recall the degree to which our trade agreements…