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Best and Worst of 2019

Best and Worst of 2019

by Dan Mitchell | Dec 31, 2019 | Big Government, Blogs, Europe, Government Spending, Trade

Time for my annual column highlighting the “Best” and “Worst” policy developments of the year, a tradition I sort of started in 2012 and definitely did in 2013, 2014, 2015, 2016, 2017, and 2018. I’m trying to be a glass-half-full kind of guy, so we’ll start with the...
The Best Part of USMCA Is that Most of NAFTA Is Preserved

The Best Part of USMCA Is that Most of NAFTA Is Preserved

by Dan Mitchell | Dec 16, 2019 | Blogs, Trade

One of my big 2018 worries was that Trump would wreck NAFTA. We dodged that bullet, but my two cents is that the new deal is underwhelming. The bottom line is that his revisions to the pact – which is now called USMCA – create some new barriers to trade. But there...
The “Opportunity Cost” of Trump’s Underwhelming Trade Deal with China

The “Opportunity Cost” of Trump’s Underwhelming Trade Deal with China

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...
The World Trade Organization Is Good News for American Taxpayers, Consumers, and Businesses

The World Trade Organization Is Good News for American Taxpayers, Consumers, and Businesses

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...
The “Trump of Brazil” Has a Much Better Understanding of Trade than the Trump of America

The “Trump of Brazil” Has a Much Better Understanding of Trade than the Trump of America

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...
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