by Dan Mitchell | Oct 27, 2018 | Blogs, Trade
In doing some research about how to present the best case for free trade and against protectionism, I found some excellent commentary on why trade deficits don’t matter. Here are some excerpts from a column by Don Boudreaux, a professor at George Mason University....
by Dan Mitchell | Oct 16, 2018 | Blogs, Economics
When Trump imposes protectionist trade barriers, he doesn’t realize that the harm imposed on other nations is matched by damage to the U.S. economy. As I warn in this interview, something similar could happen if the federal government convinces other nations to reject...
by Dan Mitchell | Oct 5, 2018 | Blogs, Trade
I don’t want to write about Trump’s new NAFTA deal (which now has the clunky acronym of USMCA), largely because not much changed since the partial deal with Mexico was unveiled. Also, it’s hard to get too worked up about the new agreement since it largely tinkers with...
by Dan Mitchell | Sep 26, 2018 | Blogs, Trade
I’m happy to discuss theory when debating economic policy, but I mostly focus on real-world evidence. That’s because my friends on the left always have a hard time answering my two-question challenge, which simply asks them to name one success story for big...
by Dan Mitchell | Sep 23, 2018 | Blogs, Economics, Trade
Earlier this week, Neil Cavuto asked me about the politics of trade and I warned that Trump’s protectionism may backfire on Republicans because many workers and businesses are suffering the consequences. Needless to say, I’m not a political expert, and I think even...