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US Trade Representative Robert Lighthizer has outlined a five-point plan to overhaul the World Trade Organization as the body searches for a new leader. The Trump administration’s top trade official detailed his agenda in a Wall Street Journal op-ed on Thursday, calling for a brand-new system to resolve international trade disputes and “baseline tariff rates …
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China’s increased aggression and secrecy require a change in thinking by the United States. Over the past few years, the United States has been involved in a trade war with China that negatively impacted economic growth and cost hundreds of thousands of jobs. COVID-19 has led to cries from many elected officials to move our supply chains …
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Question: I am a proponent of trade liberalization and a free market, but I keep coming back to the issue of the severe inequality that free international trade can create. How would an Objectivist view the marginalization of the poor in developing nations, where they have absolutely no way to rise above poverty and hunger without …
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An Australian MP said China’s ban on Australian beef exports is punishment for the Australian prime minister’s proposed international inquiry into the origins of the coronavirus. “It’s a bastard act,’’ Liberal-Nationals MP George Christensen said. “It’s just wrong. China has just gone into full, bullying, threatening, coercion mode. That’s what I think.” Australia is set …
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It is an underappreciated fact that women are hit particularly hard by the United States’ ever-increasing tariffs on imports and burgeoning trade war with China (and, possibly, other countries as well). Recently another set of tariffs on imports took effect, raising prices on hundreds of goods especially important to women, including foodstuffs and appliances. It …