As a result, CEI experts have encouraged and supported trade-enhancing policies and treaties over the years, including “fast-track” Trade Promotion Authority, specific trade deals, and multilateral efforts such as the Doha round of the World Trade Organization. We have opposed increased tariffs, attempts to increase regulation through trade deal language, and the trend toward bilateral rather than multilateral deals. CEI continues to make the case for free trade in the face of increased bipartisan hostility to the idea.
CEI’s experts also work with like-minded colleagues abroad to oppose harmful initiatives, such as working with British colleagues to stop that country’s competition agency from blocking mergers between American firms based on speculative reasoning.
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Section 338: Trump’s latest tariff tool could send trade policy uncertainty soaring
Just when businesses thought they had enough tariff uncertainty to manage, another chapter emerges. By turning a nearly century-old provision of trade law into…
News Release
Trump pivot to Section 338 for tariffs poses problems for economy, separation of powers
Citing Section 338 of the 1930 Smoot-Hawley Tariff Act, President Donald Trump on July 20 announced steep 50 percent tariffs on Canadian goods,…
Blog
The exemptions in Trump’s latest Brazil tariffs reveal contradictions at the heart of pro-tariff trade policy
Last week, the Trump administration imposed a new 25 percent Section 301 tariff on many imports from Brazil. The administration argued that the…
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Trade, Mission Creep, and the Indo-Pacific Economic Framework
President Biden announced this week a major economic agreement with a dozen countries in the Indo-Pacific region, to be called the Indo-Pacific Economic…
Blog
Baby Formula and Regulatory Failure
A lot of people are blaming free markets for the baby formula shortage. As the economist Jagdish Bhagwati might say, the problem with this…
News Release
Inflation Still 4x Higher than Target Rate, New Government Numbers Show
The inflation rate isn’t much changed from last month’s high figure, 8.3 percent compared to 8.5 percent, new government data shows. CEI Senior Fellow…
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U.S. to Lift Tariffs against Ukraine for One Year: China Next?
In 2018, President Trump enacted a 25 percent tariff on Ukrainian steel, on what he claimed were national security grounds. They remained in place…
Blog
Sorting Out Some Confusion on Trade and GDP
While inflation is the biggest economic problem right now, trade policy is another reason why GDP shrank last quarter. It is also a…
Blog
The Updated Case for Free Trade
Trade is a core value of civilization. The very act of trade implies respect for people’s rights. Suppose you have something I want. I…