North America | Featured Articles

The Democratic Presidential Hopefuls are Failing Us on Trade
Politics | Thursday, August 01, 2019

One of the few hopeful, “glass-half-full” thoughts I had after Donald Trump won the election in 2016 was that the new president would prove to be the best salesman of free trade since Adam Smith. No, I wasn’t so deluded to think he’d articulate the case for free trade and commit himself to removing all protectionist barriers.

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Don’t Blame Trade and Immigration for America’s Problems
Labor | Saturday, May 18, 2019

I often hear people talk about their difficulties in finding a meaningful job or keeping up with increasing healthcare, housing and education costs. These concerns, along with rising income inequality and a shrinking middle class, are provoking anger. For many, trade and immigration have become convenient villains. But that narrative is wrong. Let me tell you why.

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USMCA: A Marginal NAFTA Upgrade at a High Cost
Trade & Finance | Monday, April 29, 2019

On the campaign trail, Donald Trump vowed to strengthen enforcement of existing trade rules and negotiate better trade deals than his predecessors had. With his national security tariffs on steel and aluminum, his safeguard tariffs on washing machines and solar components, his broad trade war with China, and the looming specter of new barriers for automobile imports, President Trump has delivered—for better or worse—on the first promise. On the second, he has little to show.

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Don’t Underestimate Free-Market Capitalism
Economy | Saturday, March 30, 2019

American free-market capitalism has generated the greatest economic growth the world has ever seen. At the core of its brilliance is its ability to create incentives to produce solutions to problems and to distribute those solutions worldwide. In doing so, it has paved the way for tremendous gains in efficiency and productivity while lifting millions of people out of poverty.

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A Message For Trump On Trade: Get Real
U.S. | Sunday, March 17, 2019

Two back-to-back, stunning economic headlines arrived in less than twenty-four hours. The first appeared on March 5 in the Wall Street Journal: “U.S. Budget Gap Widened 77% in First Four Months of Fiscal Year.” Following on the heels of that shocker, Bloomberg on March 6 ran this headline: “U.S. Trade Gap Surged to $621 Billion in 2018, 10-year High.”

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Worsening Labor Shortage Demands More Immigrants
Labor | Monday, February 04, 2019

The exceptionally low unemployment rate is good news for American workers. But it contributes to a growing problem: companies can’t find enough employees. This puts downward pressure on corporate and U.S. economic growth.

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The Trade Deficit with China Hit a New Record, and That’s OK
Trade & Finance | Thursday, January 17, 2019

In President Trump’s reckoning, international trade is a zero-sum game with distinct winners and losers. Exports are Team America’s points. Imports are the foreign team’s points. The trade account is the scoreboard, and the deficit on that scoreboard proves that the home team is losing at trade. Accordingly, the president considers blocking imports and promoting exports to be integral to effective trade policymaking.

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Prepare for Slower Growth and Greater Risks in 2019
Politics | Tuesday, January 01, 2019

2018 likely will be remembered for achieving solid economic growth, a highly volatile stock market, and an emerging trade war with China. In 2019 we can expect slower growth, continued volatility, and China to resist significant market-based reforms. These and other factors, combined with an environment of political uncertainty, could create greater risks.

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American Jobs, Trade and Our Future
Economy | Friday, December 21, 2018

Today, two seemingly opposite trends are gaining steam. The latest version of globalization is accelerating. Yet, at the same time, the United States and other countries are becoming more protectionist by erecting trade barriers at an alarming rate. What is the impact on the American economy and jobs?

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Trump’s Wall Will Not Stop Terrorism
Labor | Thursday, December 20, 2018

Chérif Chekatt murdered five people and wounded 11 in a recent terror attack in France before being killed by police. Shortly before the attack, President Trump argued with the incoming Speaker of the House Nancy Pelosi and Sen. Chuck Schumer over funding the border wall. Trump linked his earlier spat with the Democrats and the attack in France when he tweeted: “Another very bad terror attack in France. We are going to strengthen our borders even more.”

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Articles By Continent | North America

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