You are here

OpenMarket: Trade and International

  • UN Climate Conference in Madrid Fails to Set Rules for Carbon Trading Market   

    December 20, 2019
    The twenty-fifth Conference of the Parties to the UN Framework Convention on Climate Change (COP-25) was supposed to wrap up one issue remaining from last year’s COP-24 on implementing the Paris climate treaty—setting up the rules for an international greenhouse gas emissions trading market. 
  • Dutch Supreme Court Upholds Climate Lawsuit against Government

    December 20, 2019
    The Dutch Supreme Court on December 20th rejected an appeal by the Dutch government to overturn an appellate court’s October 2018 decision to uphold a lower court’s June 2015 decision requiring the government to cut Holland’s carbon dioxide emissions at least 25 percent below 1990 levels by 2020.
  • Phase One of a China-U.S. Trade Agreement and the Ratchet Effect

    December 13, 2019
    As of Friday, December 13th, the U.S. and Chinese governments have agreed in principle to phase one of a trade agreement. The Chinese government will purchase more U.S. agricultural products, and according to The Wall Street Journal, “Mr. Wang [China’s Vice Minister of Commerce] said that the agreement would cover a range of contentious issues, including agriculture, intellectual property protection, technology transfer and liberalization of the financial sector, without elaborating.”
  • Competitive Enterprise Institute Opposes USMCA Trade Agreement

    December 12, 2019
    The Competitive Enterprise Institute (CEI) today announced its opposition to the USMCA trade agreement between the United States, Mexico, and Canada because the updated agreement sets dangerous precedents for future policy. 
  • Two New Studies on Economics of Trade

    November 11, 2019
    Philip Thompson and Lorenzo Montanari have compiled a Trade Barrier Index, just released by the Property Rights Alliance. The U.S. currently ranks 54th out of 86 countries. Singapore and Hong Kong rank 1st and 2nd, while India and China bring up the rear at 85th and 86th, respectively.
  • Trump Administration Begins Withdrawal from Paris Climate Treaty

    November 8, 2019
    Secretary of State Mike Pompeo announced on November 4th that, “Today the United States began the process to withdraw from the Paris Agreement. Per the terms of the Agreement, the United States submitted formal notification of its withdrawal to the United Nations. The withdrawal will take effect one year from delivery of the notification.”
  • Trade Developments on Export-Import Bank and NAFTA/USMCA

    November 7, 2019
    America’s trade policy landscape has some big events on the horizon. The House of Representatives will vote next week on Rep. Maxine Waters’ (D-CA) Export-Import Bank reauthorization bill. The Trump administration has signaled opposition to it, making it unlikely to become law. The administration favors Ex-Im renewal, but likely wants it to be more bellicose towards China.
  • Proposals for and Problems with International Drug Reference Pricing

    November 5, 2019
    Healthcare costs remain top of mind in American politics. Polls consistently show that healthcare is one of, if not the top, priority for voters heading into the 2020 election cycle. Politicians and other policymakers face a looming crisis with healthcare expenditures. Medicare and Medicaid, the federal single-payer programs for the elderly and indigent, comprised over a quarter of all federal spending in 2018. This share is rising.
  • Trump Administration Challenges Constitutionality of California Climate Pacts

    October 25, 2019
    Just when I thought the Trump administration could not get any bolder in challenging California’s self-anointed power to determine national climate policy, the Department of Justice (DOJ) on Wednesday filed a constitutional challenge to the state’s greenhouse gas emission trading pacts with the Canadian provinces of Québec and Nova Scotia.
  • VIDEO: How Does the Trade War Hurt You?

    October 18, 2019
    Our friends over at the Cato Institute are known for their excellent free-market analysis, in particular on hot button issues like trade. They recently released a great short video to drive home the actual incidence of bad policy: “How Does the Trade War Hurt You?”

Pages

Subscribe to OpenMarket: Trade and International