The European Union and Britain said Friday that wide gaps remained in their fraught talks on a rudimentary trade agreement following the Brexit divorce and called for intensified negotiations before a deadline in a couple of weeks.
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Commentary: The Coronavirus Threats Shows the Need to Reevaluate Free Trade Relationships
Free markets are notable for their efficiency. Over the course of time, they reward greater specialization that yields more production at a lower expense. Markets gave us the assembly line, overnight delivery, and lower prices for necessities like food and clothing.
Read MoreCommentary: The Deadly Cost of ‘Free’ Trade
The debate over trade largely has been framed in economic terms. We’re told consumers will pay more for—well, you name it—because of President Trump’s tariffs (even though the data show inflation is nonexistent). But a new study shows that trade policies do exact a steep price on Americans.
Read MoreCommentary: Free Trade and the ‘Cheap Goods’ Delusion
by Spencer Morrison Between 1348 and 1352 a monstrous plague – the Black Death – ravaged Europe. The disease struck young and old, men and women, saint and sinner alike. Half the population died. Whole cities disappeared. Western Civilization was on the brink of collapse. What caused this plague?…
Read MoreChina, Tariffs, Trade, Cost and Prices: An Explainer
by Rick Manning Stock markets go up and down based upon the latest trade rumors. Predictions of price hikes make headlines, yet the inflation rate remains at the levels, 2.0 percent at last count, desired by the Federal Reserve. What is going on? And is this even really a trade war with…
Read MoreCommentary: Contrary to Some Conservatives’ Slavish Devotion Free Trade Dogma, Trade Deficits Do Matter
by Spencer P. Morrison Steve Hanke recently set out to prove “why President Trump’s trade message and protectionist policies are rubbish” in a Forbes article. Instead, the Johns Hopkins University economist exposed himself as a word-mincing, logic-twisting sophist – just like every other intellectual mercenary associated with the faux-libertarian propaganda mill that is the…
Read MoreAs President Trump’s Successes with Trade Grow, Globalist Republicans’ Grip on ‘Free Trade’ Orthodoxy Slips
by Michael Noyes Eight hours before the first polls closed on November 8, 2016, the late Charles Krauthammer appeared on Fox News and made a prediction. Should Trump win, he said, it would “irreversibly” change the Republican Party. “Particularly the most obvious issues will be immigration and trade,” Krauthammer…
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