Trade Articles


Obama: 'The Most Progressive Trade Agreement in Our Nation's History'

4:42 PM, May 12, 2015

President Obama is trying to rally his supporters around his trade bill. But, as the email subject line suggests, he understands there are many critics of the bill: "I understand the skepticism about this."

"I want to set the record straight," the president of the United States writes.

"Right now, we have an opportunity to set the most progressive trade agreement in our nation's history -- with enforceable labor and environmental protections we simply can't count on other nations to pursue.

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Dem Senator Accuses Obama of Sexism Toward Elizabeth Warren

3:00 PM, May 12, 2015

Democratic senator Sherrod Brown is subtly accusing President Barack Obama of sexism in his attacks on Senator Elizabeth Warren, also a Democrat. 

"I think the president was disrespectful to her by the way he did that...made this more personal," Brown told reporters.

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False Criticisms and Deep Agreement

9:20 AM, May 12, 2015

Senator Elizabeth Warren is tough on President Obama’s ambitious trade deal and the White House doesn’t like it.

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Sessions to Obama: Make Trade Deal Details Public Now

11:34 AM, May 06, 2015

Alabama senator Jeff Sessions, a Republican, has written a letter to President Barack Obama regarding the request that Congress "fast-track" legislation on Trade Promotion Authority. Sessions says he has a number of questions Congress should expect answers to before the body agrees to "yield its institutional powers." Read the full letter below:

Dear Mr. President:

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India Needs to Enforce Its Trade Agreements

The country, and the world, would benefit.
3:07 PM, May 04, 2015

Most of the time the International Trade Commission makes the news -- in these pages, at least -- it’s because of its enforcement of anti-dumping rules that do little but boost the price of items such as steel and sugar for U.S. consumers.

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Hillary's Against Obama's Trade Policy

8:03 AM, Apr 30, 2015

Hillary Clinton is against Barack Obama's trade policy, the Huffington Post reports:

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Warren Rips Obama on Trade

10:41 AM, Apr 22, 2015

Elizabeth Warren ripped the Obama administration for disagreeing with her on trade. Warren made the comments on Twitter.

"The Obama Admin says I'm wrong - we shouldn't worry about TPP. So why can’t the American people read the deal?" Warren's tweet reads.

 

The Obama Admin says I'm wrong - we shouldn't worry about TPP. So why can’t the American people read the deal? http://t.co/PoavXNJlRS

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The U.S.-China Crossover

It probably won’t happen in our lifetimes.
Mar 30, 2015

After China supplanted Japan in 2011 as the world’s second-largest economy, some China scholars, as well as pundits and economists, began forecasting when it would supplant the United States as the largest. Extrapolating China’s remarkable 9-10 percent average annual growth in the prior three decades, these forecasters placed the GDP crossover in 2020. When China experienced a slowdown to 7-8 percent growth in 2012-2014, the crossover was deferred to 2024-2025.

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On the Fast Lane to Fast Track?

12:01 AM, Feb 14, 2015

The right and left are moving towards each other, in a sort of pincers movement designed to destroy the army of free traders pressing Congress to give President Obama what is known as fast-track authority. That would permit him to put any trade deals he negotiates with eleven Pacific Rim countries (the Trans-Pacific Partnership, or TPP) and the EU (the Transatlantic Trade and Investment Partnership, or TTIP) to Congress on a take-it-or-leave-it basis.

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Warning: Approach 2015 With Caution

9:00 AM, Jan 03, 2015

Had enough good economic news to see you through the holidays? Good. But if you plan to ask, “Please, sir, I want some more” you might be in store for your own Oliver Twist moment. Here’s why:

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Rand Just Doesn't Understand

In a recent op-ed, Rand Paul argues for President Obama's foreign policy.
12:50 PM, Dec 20, 2014

Senator Rand Paul has an op-ed in Time magazine making the case for normalizing diplomatic relations with Cuba as Barack Obama has proposed. It’s a reasonable objective for U.S.

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Obama's Ambitious Free Trade Proposals Are Dead

11:00 PM, Jun 06, 2014

It is mandatory for economists to point out that one data point does not make a trend. We then all-too-often fill space with, er, a discussion of one data point, most usually the monthly report on job creation. Not being one to defy convention, I will report that Friday’s jobs report was a yawner. The 217,000 new jobs created in May finally pushed total jobs above pre-recession levels, but the unemployment and labor force participation rates remained unchanged at 6.3 percent and 62.8 percent, respectively. No post-winter jobs growth spurt, at least not yet, but no reversal of recent growth either.

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'Improving U.S.-India Trade Relations'

6:30 AM, Jun 04, 2014

An event taking place this morning on Capitol Hill: "The Weekly Standard will join with the National Association of Manufacturers (NAM) to host a policy forum examining the impact of India’s recent presidential election on efforts 

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The U.S. and Japan Choose Stagnation?

3:40 PM, Apr 24, 2014

President Obama will leave Japan without a vital trade deal. The Trans-Pacific Partnership (TPP) was supposed to be wrapped last autumn, and the president’s spring trip to Asia—the one he’s currently on—was supposed to be the victory lap.

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Bankers Win, Workers Lose

12:00 AM, Dec 14, 2013

Free traders are ecstatic. Negotiators at the 9th World Trade Organization ministerial conference in Bali cheered, hugged, and wept at what they see as the successful culmination of their recent round of talks. “A giant step for businesses large and small,” enthused the CEO of UPS.

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Bait and Switch: The Farm Bill's Expensive and Pointless Catfish Subsidy

5:23 PM, Nov 20, 2013

As Congress moves ahead with the farm bill -- legislation that has historically been full of (figurative) pork -- there's one really obvious measure that needs to be eliminated. A new program that will require that catfish be monitored by the Department of Agriculture. Catfish, like all fish consumed by Americans, is already monitored by the Food and Drug Administration. Supposedly, this extra layer of regulation is a matter of food safety.

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Podcast: Obama's Iran Negotiations Represent A 'Revolution' In US Foreign Policy

Hosted by Michael Graham.
5:40 PM, Nov 08, 2013

The WEEKLY STANDARD podcast with senior editor Lee Smith on President Obama's puzzling new Iran strategy.

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USTR Hopes TTIP+TPP = Faster Growth

11:00 PM, Jul 12, 2013

Here’s a TTIP for you. No, that’s not a typo missed by our ever-vigilant editors. It stands for Transatlantic Trade and Investment Partnership, what British prime minister David Cameron calls a “once-in-a-generation prize” that can create two million jobs on both sides of the Atlantic, and Sir Peter Westmacott, Britain’s ambassador here in Washington, reportedly describes as the “Holy Grail” for resuscitating transatlantic economies.

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Trade: War By Other Means

11:00 PM, May 17, 2013

"Trade makes the cake bigger so everyone can benefit.” So advised our distinguished visitor, British prime minister David Cameron, on the op-ed pages of the Wall Street Journal.

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China, Trade Policy—and the 2012 Election

11:00 PM, Sep 28, 2012

Free trade might not be the first casualty of an American election campaign, but it is right up there in the top rank. President Obama is bashing Mitt Romney for sending jobs to China when he ran Bain Capital, and Romney is returning the favor by accusing Obama of failing to label China a currency manipulator, and “being China’s doormat at the expense of America’s workers.”

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Federal Lawyer Crows After Imposing $22.5 Million Government Fine on Company

3:23 PM, Aug 09, 2012

As the New York Times reports, "The Federal Trade Commission on Thursday fined Google $22.5 million to settle charges that it bypassed privacy settings in Apple’s Safari browser to show advertisements, and violated an earlier privacy settlement with the agency."

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China: An Unlovely but Necessary Trading Partner?

11:00 PM, May 11, 2012

Perhaps the best way to understand China’s trade policy is to consult professional China watchers who always accuse mere economists of ignoring “context.”

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Trade Is War, By Other Means

12:00 AM, Feb 18, 2012

Xi Jinping, the heir apparent to the leadership of the Chinese Communist regime, came to America to meet the president, dine with the vice president, visit a farm in Iowa—following in the 1959 footsteps of Nikita Khrushchev—and attend a basketball game in Los Angeles. The Iowa visit was designed to remind Americans that Xi, who visited Iowa 27 years ago, has a long-standing attachment to America, reinforced by the fact that his daughter is attending Harvard, and that Iowa’s farmers rely heavily on income from exporting their agricultural products.

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Will America Embrace Protectionism?

12:00 AM, Feb 04, 2012

Some fear America is about to go protectionist. Others fear it won’t. Where you stand on this issue depends on where you sit. Sit in the chair of the CEO of a major exporter, and you fear protectionism and the ever-rising spiral of retaliations. Sit in the chair of the president of a trade union, and you welcome what others call protectionism and you call fair trade. Sit in the chair of a Wal-Mart customer and you fear anything that will drive up prices, putting pressure on your over-stretched budget.

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Latin America Deserves More Attention

From both Democrats and Republicans.
9:30 AM, Oct 20, 2011

In her remarks to the 41st Washington Conference on the Americas this past May, Secretary of State Hillary Clinton declared the Western Hemisphere “vital” to U.S. interests, adding that Latin America and the United States “will rise or fall together in the 21st century.” Unfortunately, the Obama administration has yet to champion a regional initiative that matches Secretary Clinton’s lofty rhetoric.

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Romney on China's Currency Manipulation

11:41 AM, Oct 12, 2011

During Tuesday night’s debate in New Hampshire, moderator Karen Tumulty challenged Mitt Romney on his recent tough talk on China. Romney says China is a “currency manipulator” and argues that, by setting unfair prices and allowing the theft of American intellectual property, the Chinese government is cheating world markets and must be held accountable

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The Buck Stops Where?

11:00 PM, Oct 07, 2011

Better to war-war than to jaw-jaw, to stand Winston Churchill’s remark on its head.

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Obama Sends Trade Agreements to Congress

3:29 PM, Oct 03, 2011

The president finally submitted trade agreements with South Korea, Colombia, and Panama to Congress.

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While America Looks at Cuts, China is Increasing Defense Budget

1:45 PM, Jul 05, 2011

In today's Wall Street Journal, Dan Blumenthal and Michael Mazza note that the China's growing military might should give American leaders something to think about with regard to our defense budget:

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Is Obama Serious About Trade with South Korea?

2:18 PM, Feb 25, 2011

Despite high unemployment, the Obama administration has been slow to come up with an effective trade policy. It’s seemingly been trying with Colombia, Panama and South Korea, but its lack of success is startling.

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