This week we continue our examination of the impact of trade agreements on agriculture as well as the US balance of trade by looking at the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR). This trade agreement includes the US, El Salvador, Guatemala, Honduras, Nicaragua, Dominican Republic and Costa Rica. [Harwood D. Schaffer & Daryll…
The Trans-Pacific Partnership (TPP) now awaiting ratification in the U.S. Congress may result in job losses and rising inequality, weakening rather than strengthening economic growth in the United States, according to a new GDAE Working Paper by GDAE Research Fellow Jeronim Capaldo, Alex Izurieta, and Jomo Kwame Sundaram. The authors also project employment losses and negligible…
WASHINGTON (January 13, 2016) – Like numerous trade deals that came before it, the Trans-Pacific Partnership (TPP) will fail to deliver promised job, economic and trade growth, according to the nation’s second biggest agricultural organization. [National Farmers Union| January, 8 2016 |NFU.Org] National Farmers Union (NFU) President Roger Johnson testified before the U.S. International Trade…
Currency manipulation distorts trade flows by artificially lowering the cost of U.S. imports and raising the cost of U.S. exports, and is the leading cause of stubbornly high U.S. trade deficits over the past 15 years. More than 20 countries, led by China, have, together, been spending about $1 trillion per year buying foreign assets…
President Barack Obama, Donald Trump, and Sen. Rand Paul don’t agree on much. [William Maulding| January, 12 2016 | Wall Street Journal] So it’s not a surprise that each is espousing totally different views on how a big Pacific trading agreement will affect China, which is not a member of the trade bloc. And as it turns out, each can…
