The Trade Deficit is Worse Than We Thought: De Minimis Hides $128 Billion of U.S. Imports
Summary: This is the first ever estimate of substantial missing import data due to the U.S de minimis program. The “de minimis” provision of
Five Reasons Why Trade Policy Is Not Impacting Inflation
With consumer price inflation (CPI) running at 6.8% as of November 2021, many importers are trying to use inflation as an excuse for repealing the
Trillion-Dollar Capital Flows Into the U.S. Are Driven By Tax Avoidance, Trading, and a Tiny Bit of Real Investment
Global capital flows are the driving force behind the rise of the dollar, which rose 3.9% in 2021. In the last ten years, the dollar
“China Shock” Economists Try to Make the Profession See Reality
A new paper by the “China Shock” economists adds to the growing mountain of literature documenting the costs of free trade events to the U.S.
The Global Bicycle Market: A Comprehensive Plan to Re-Shore the U.S. Bike & E-Bike Industry
The United States bike industry is in the midst of an unprecedented boom, triggered by the COVID pandemic. Bike sales rose sharply in the spring
Worker-Centered Trade Means Reshoring U.S. Industries
In June, U.S. Trade Representative Katherine Tai gave a speech in which she outlined her vision of worker-centered trade, a popular phrase among Biden administration
The Twin Secrets of Economic Growth
Long-term economic growth is the single most important objective for any nation. As growth economist and Nobel laureate Paul Romer has said: “For a nation,
U.S. June Trade Deficit Hits New Record of $75.7 Billion As Imports Surge
Goods Deficit Also Sets Monthly Record at $93.2 Billion Department of Commerce figures published this morning show that in June the U.S. reported a trade
Comprehensive ITC Study Finds Little or No Benefit For U.S. From Trade Agreements
The US International Trade Commission (ITC) recently released a comprehensive analysis of the economic impact of all trade agreements the United States has entered into
CPA Model: US-UK Trade Agreement Would Make Over 3,000 Unemployed, Reduce GDP in U.S.
Key Points CPA’s economic modeling of a U.S.-U.K. free trade agreement that cut tariffs to zero between the two countries shows that such an agreement
