by Dan Mitchell | Oct 13, 2019 | Blogs, Trade
Because of Trump’s poor grasp of trade issues, I warned at the end of July that trade negotiations with China might yield “something gimmicky (like purchasing X tons of soybeans or importing Y number of cars).” Well, Trump announced an agreement yesterday and I can...
by Dan Mitchell | Oct 8, 2019 | Blogs, Trade
Earlier this year, I shared a short video about the benefits of the World Trade Organization. Here’s a more substantive version (though still only four minutes). I wanted to keep the video short, so I focused primarily on how the United States disproportionately...
by Dan Mitchell | Sep 24, 2019 | Blogs, Economics, Trade
According to the most-recent edition of Economic Freedom of the World, Brazil is only ranked #120, which is lower than nations such as Greece, Haiti, and China. Brazil gets a horrible grade on regulation, and it’s also in the bottom half of all nations when looking...
by Dan Mitchell | Sep 8, 2019 | Blogs, Trade
At the risk of understatement, I’ve been rather critical of Trump’s protectionism. But not always. Last year, I praised him for floating the idea of zero taxes on trade between nations (even if I didn’t think he was serious). And I point out in this interview that he...
by Dan Mitchell | Aug 24, 2019 | Big Government, Blogs, Economics, Trade
Earlier this year, I identified Trump’s “worst ever tweet.” I was wrong. That tweet, which displayed an astounding level of economic ignorance, is now old news. Trump issued a tweet yesterday that is far worse because it combines bad economic theory with horrifying...