Posts Tagged 'Trans-Pacific Partnership'

Harry Reid’s Loss Is Free Trade’s Gain

Harry Reid’s Loss Is Free Trade’s Gain
Perhaps the most valuable outcome of the midterm election is that it allows Republicans to remove Harry Reid, D-Nev., from his post as Senate Majority Leader, or as I have dubbed him, “Chief Bottleneck for Free Trade.” With his demotion, his ties to labor unions can be minimized, which means that America can earnestly negotiate free trade agreements.

This comes at an important time. President Obama is in Asia to participate in discussions about the Trans-Pacific Partnership, which would support ...

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Job Creation Stymied as Obama Strikes Out on Asian Trade Negotiations

Job Creation Stymied as Obama Strikes Out on Asian Trade Negotiations

A metaphor for President Obama’s recent trip to Asia was the widely aired game of soccer he had with a Japanese robot. In essence, Japan made Obama kick the impending Trans-Pacific Partnership (TPP) — which unites 12 economies around the Pacific Rim — down the road as trade talks stalled.

How important is TPP to American trade? The Peterson Institute for International Economics projects that it could cause American exports to rise by $123.5 billion per year by 2025. With it ...

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Taking Free Trade for Granted

Taking Free Trade for Granted

Here in the United States we take free trade for granted. We have access to markets throughout the world, but most of us think nothing of it. We have grown accustomed to the goods and services that make our life easier.

Yet, in the Ukraine, access to free markets has been stomped on by Ukraine President Viktor Yanukovych, who has decided that forming a union with Russia is preferred over a relationship with the European Union.

The result is that Ukrainians have ...

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We Ignore Japan at Our Peril

We Ignore Japan at Our Peril

A few weeks ago, I wrote about the deepening rift between the United States and Japan, and the folly of appointing a completely unqualified Caroline Kennedy as the U.S. ambassador to Japan. If there ever was a time to have an experienced ambassador with solid credentials, it is now.

Just as the U.S.-led effort to create the multi-lateral Trans-Pacific Partnership (TPP) — the largest free-trade agreement in history — is gaining traction, which would open Asia for U.S. exports ...

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