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Featured Articles

Setting Parameters for Future U.S.-China Competition
U.S. | Wednesday, September 02, 2020

There has been much loose talk of a new Cold War between the U.S. and China. Such a conflict would be potentially disastrous for both countries. Nor is it easy to imagine, given the extensive ties between both peoples. Even with both governments at sharp odds, the nations remain connected, much more so than the U.S. and Soviet Union.

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Congressman DeFazio’s Misinformed Arguments for Leaving the WTO
Trade & Finance | Wednesday, July 01, 2020

A few weeks ago, Senator Josh Hawley wrote a New York Times op‐ed calling for “abolishing” the World Trade Organization (WTO). I responded to Hawley’s piece here, pointing out the various ways that he had misunderstood the WTO. Hawley’s op‐ed was apparently intended to lay the foundation for the joint resolution he introduced to withdraw the United States from the WTO. As I noted here, a Senate vote on this resolution is likely in late July.

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President Trump’s Cancellation of Many Work Visas Will Hurt the American Economy
Labor | Wednesday, June 24, 2020

The Trump Administration has just issued a proclamation that will restrict the issuance of many temporary economic migrant work visas. The proclamation will go into effect on June 24 at 12:01 a.m. eastern daylight time. The visas affected are the H-1B visa for skilled temporary migrant workers, the H-2B visa for temporary lower‐skilled non‐agricultural employment, most J visas, and L visas for intracompany transfers.

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America Can’t Save Hong Kong
World | Tuesday, June 09, 2020

Rather like Adolf Hitler’s Thousand Year Reich that ended 988 years early, China’s guaranteed 50 years of freedom for Hong Kong has ended 27 years early. It’s been a good run since 1997, since Beijing left the territory mostly alone for longer than many people expected.

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A Modest Proposal: Open Ties With North Korea
Politics | Tuesday, June 09, 2020

The world has seen North Korea’s Kim Jong Un exactly twice since April 11. His absences have sparked intense global speculation, with highlights including multiple reports of his death or incapacitation. Korea analysts—myself included—have debated endlessly which blood relative might take over. This endless “where is Kim” talk, however, distracts from the far bigger problem at hand: What can be done about a nuclear North Korea?

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Will COVID-19 kill globalization? What you need to know
Trade & Finance | Thursday, May 14, 2020

Recent trade battles with China, Mexico, Canada, and Europe have reduced trade flows. Now, with the outbreak of COVID-19 severely impacting international commerce, many argue that globalization will soon be dead. Globalization is not dying. Rather, it’s evolving, and existing trends are accelerating. American companies and workers would be wise to prepare for what’s ahead.

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Let’s Have That Much Needed Debate About The World Trade Organization
U.S. | Thursday, May 14, 2020

In the New York Times on Tuesday, May 5, Senator Josh Hawley (R-MO) proposed abolishing the World Trade Organization. On the next day came a flood of fact corrections from trade experts exposing the senator’s idea as the spawn of fallacies. Then, on that Thursday, conceding only that the United States can’t “abolish” the WTO, Hawley submitted a joint resolution to Congress calling for a formal withdrawal.

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The United States Can’t Ditch China Yet
World | Thursday, April 23, 2020

Beijing no longer has many friends in Washington—for understandable reasons. The entire Chinese government mishandled various stages of the coronavirus outbreak, including hiding the extent of infection and transmissibility to humans, punishing doctors and citizen journalists who sought to report on the looming pandemic, and moving far too slowly on a travel ban from Wuhan, allowing the coronavirus to become a truly global crisis.

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WTI Crude Oil Sees Unprecedented Collapse
Economy | Tuesday, April 21, 2020

Many predicted that West Texas Intermediate crude oil could trade as low as $15 a barrel during the Saudi-Russia price war. Some even speculated it could hit $5 when figuring in the demand crater due to the global pandemic. No one predicted this. There simply isn’t a proper word to use here — unprecedented, catastrophic, unimaginable — none fit.

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The Coronavirus Is Not a Good Argument for Protectionism
U.S. | Monday, April 13, 2020

Protectionists have been emboldened by the Trump administration’s approach to trade policy, and some are now using COVID-19 as an argument to support their cause. In most cases, it’s not worth responding, but I don’t think of economics columnist Noah Smith as an economic nationalist, so if he is saying things along these lines, I feel like it merits a response. Here’s what he said in his recent column:

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Additional Articles Author
U.S. Treasury’s Currency Report on China is a Case Study in Political Manipulation Daniel Griswold
American capitalism: Improve it or lose it in the 2020s John Manzella
Trump’s “Phase 1” Deal with China Promotes US Exports in the Wrong Way Daniel Griswold
Trump’s Trade Policy Has Produced Damaging Tariffs but Little Else Daniel Griswold
Revised EB-5 Program Could Boost Investment in Oil Sector Eric Sharpe
Don’t destroy what makes America great John Manzella
New Research on Illegal Immigration and Crime Alex Nowrasteh
U.S.-China trade war damage could last decades John Manzella
Trump’s Trade Policy So Far: Too Many Trade Wars, Very Little Trade Liberalization Simon Lester
The Tariffs Will Bite U.S. Consumers: Prepare to Feel Their Effects More Than Before Daniel Ikenson
The Democratic Presidential Hopefuls are Failing Us on Trade Daniel Ikenson
Trump Is Wrong to Be ‘Tough’ on Trade with China Simon Lester
Critical Issues that Could Kill U.S.-China Trade Progress John Manzella
Trump on Tariffs: Consistent and Consistently Wrong Simon Lester
Don’t Blame Trade and Immigration for America’s Problems John Manzella
China Isn’t an Enemy and Hawks Shouldn’t Turn It into One Doug Bandow
The Case for Free Trade Scott Lincicome
Coming to Terms with China’s Rise Daniel Ikenson
USMCA: A Marginal NAFTA Upgrade at a High Cost Daniel Ikenson
Don’t Underestimate Free-Market Capitalism John Manzella

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