North America | Featured Articles

China and the United States Need a Free Trade Agreement
Trade & Finance | Monday, April 09, 2018

President Trump’s recent decision to impose tariffs on imports of steel and aluminum was met with Chinese tariffs on U.S. products and agricultural goods. In turn, this has escalated with each country identifying additional barriers to trade. To prevent a damaging trade war, and for our mutual long-term benefit, the United States and China need to negotiate a free trade agreement.

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Cooler Heads Must Prevail in NAFTA Negotiations
World | Saturday, February 17, 2018

The Council on Foreign Relations points out that as a result of The North American Free Trade Agreement (NAFTA) regional trade increased sharply over the treaty’s first two decades, “from roughly $290 billion in 1993 to more than $1.1 trillion in 2016. Cross-border investment has also surged, with U.S. foreign direct investment (FDI) stock in Mexico increasing in that period from $15 billion to more than $100 billion.”

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Has Trump Evolved on Trade?
Politics | Friday, February 16, 2018

On the campaign trail and into the first year of his presidency, Donald Trump has been a walking, talking billboard for protectionist nationalism. He promised 45 percent tariffs on imports from China, 35 percent levies on imports from Mexico, a requirement that U.S. oil and gas pipelines use only American steel, and the closure of “loopholes” in our Buy American laws to ensure that only U.S. goods and American workers are eligible for federal procurement projects.

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Ten Essential Strategies for Achieving International Success
Strategies | Thursday, January 25, 2018

When exporting, importing, investing abroad or establishing strategic alliances with foreign producers, it’s critical to understand the hidden risks. If not, an unethical supplier can result in endless lawsuits and poor market opportunities can generate tremendous losses. On the other hand, correctly grasping foreign market wants, needs and abilities can lead to great success. To make your job easier, consider the following factors.

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Trump on Trade: Here's What He Needs to Do in 2018
Trade & Finance | Wednesday, January 10, 2018

2017 was a lost year for U.S. trade policy. We took several steps backwards and none forward. The losses started in January with the U.S. withdrawal from the Trans Pacific Partnership, a trade agreement with 11 other nations that had been negotiated by the Obama administration, but not yet signed into law by Congress. Rather than suggest any improvements, the Trump administration abandoned the agreement entirely.

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Advice for the President on NAFTA Renegotiation: Don’t Fix What Ain’t Broke
Politics | Sunday, February 26, 2017

Scapegoating trade for problems real and imagined has been a prominent part of American electoral politics for 25 years. So, during the campaign, when candidate Donald Trump referred to the North American Free Trade Agreement as “the worst trade deal ever negotiated,” his rhetoric wasn’t especially alarming.

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President Trump and the Truth about Trade, Globalization and Automation
Economy | Saturday, February 18, 2017

Major economic trends in international trade, globalization and automation were strongly reflected in the November 8th election of President Donald Trump. They also were underlining factors in the United Kingdom’s June 23rd decision to withdraw from the European Union, known as Brexit, and in support of populist politicians in Europe. Why is this?

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The World’s Most — and Least — Miserable in 2016
World | Sunday, January 22, 2017

What countries are the most and least miserable? In what follows, I update my annual Misery Index calculations. A Misery Index was first constructed by economist Art Okun as a way to provide President Lyndon Johnson with a snapshot of the economy.

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The False Promise of “Buy American”
Manufacturing | Sunday, January 22, 2017

If patriotism is the last refuge of scoundrels, where will President Trump turn when his “America First” policies lay waste to the very people he professes to be helping? The ideas conjured by “Buy American” may appeal to many of President Trump’s supporters, but the phrase is merely a euphemism for doling political spoils, featherbedding, and protectionism.

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End To “Wet Feet, Dry Feet” Is Good for Communist Cuba, Bad for Freedom
Labor | Sunday, January 22, 2017

Obama recently ended a decades old policy that allowed escapees from Communist Cuba to enter the United States without a visa. Known as “wet feet, dry feet,” it allowed Cubans who showed up at America’s borders to enter lawfully and earn an expedited green card. Cuba’s brutal Communist dictatorship, proximity to the United States, and history were the reasons for this relative openness. Obama sent a clear message to Cubans seeking freedom: stay away.

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