protectionism

Protectionism Is Immoral, Unjust, and Corrupt

Mises Institute, October 27, 2021 Protectionism Is Immoral, Unjust, and Corrupt by James Bovard Protectionism is reviving in Washington on both sides of the political aisle. Democrats are cheering proposals to restrict trade to benefit labor unions and save the environment while some Republicans are reviving Smoot-Hawley style salvation schemes. Protectionist advocates routinely seize the […]

Fair Trade Is Still a Fraud

American Institute for Economic Research, October 20, 2021 Fair Trade Is Still a Fraud James Bovard The Biden administration is embracing the same flawed “fair trade” mantra that previous administrations used to sanctify protectionist policies. Biden’s team has “largely dispensed with the idea of free trade as a goal in and of itself,” the New […]
The post Fair Trade Is Still a Fraud appeared first on James Bovard.

Heisting the Secret U.S. Tariff Code

American Institute for Economic Research, October 4, 2021 The Secret Tariff Code Heist James Bovard Nothing so diminishes democracy as secrecy,” as Attorney General Ramsey Clark warned in 1967. As a journalist, I have battled federal agencies for decades to try to discover the sordid details of how Americans’ rights and liberties are being shafted. […]
The post Heisting the Secret U.S. Tariff Code appeared first on James Bovard.

Liberating the Secret U.S. Tariff Code

When I was researching The Fair Trade Fraud, I ran into a stone wall of secrecy surrounding the U.S. tariff code. There was no reason to treat the tariff on tobacco stems like confidential national security data. Here’s the story of how I solved those tariff code mysteries during a 1990 visit to the headquarters […]
The post Liberating the Secret U.S. Tariff Code appeared first on James Bovard.

Steel Follies and the Perils of Politically-Controlled Trade

American Institute for Economic Research, April 22, 2021 Steel Follies and the Perils of Politically-Controlled Trade James Bovard The Biden administration appears determined to perpetrate all of Trump’s economic follies while adding fresh blunders of its own. Trump was notorious for saying incorrect things on trade, such as his assertion that “trade wars are good, […]

200th Anniversary of a Great American Demolition of Tyranny

Here’s my tribute to one of the best and least appreciated classics of American political thought. Here is a link to a free version of the original printing from 1822. https://www.google.com/books/edition/Tyranny_Unmasked/HhHVAAAAMAAJ?hl=e… 200th Anniversary of a Great American Demolition of Tyranny by James Bovard This is the 200th anniversary of the publication of one of the […]

Trump meets Xi: No extra tariffs as talks continue

US President Donald Trump said the G20 Summit was a success for America’s interests [PPIO]
World markets on Sunday may have sighed some relief after news emerged from the G20 Summit in Buenos Aires that China and the US had agreed to put the breaks on any new trade tariffs for the next three months.
The US agreed not to raise current tariffs on some $200 billion in Chinese goods from 10 to 25 per cent on January 1, 2019.

IMF, WB, and WTO: Scaremongering Threats on De-Globalization and Tariffs

As key representatives of the three chief villains of international finance and trade, the IMF, World Bank (WB) and the World Trade Organization (WTO) met on the lush resort island of Bali, Indonesia, they warned the world of dire consequences in terms of reduced international investments and decline of economic growth as a result of the ever-widening trade wars initiated and instigated by the Trump Administration. They criticized protectionism that might draw countries into decline of prosperity. The IMF cuts its global economic growth forecast for the current year and for 2019.