whiskey

The Sobering Reality of a Tariff War

There is plenty of collateral damage in a tariff war because the one-upmanship spills over beyond the sectors named in the original complaint (steel for example), sweeping in producers like farmers for maximum political effect. The other dirty little secret in tariff wars is that they provide cover for governments to protect the producers of products facing normal market competition. That’s what might just be motivating our closest trading partners to put American whiskey on their lists for tariff retaliation.

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Cropped Brookings China Tariff Map

Mapping Exposure to Retaliatory Tariffs

Getting Real: The Brookings Institute Maps Out How Tariffs Could Affect You The Brookings Institute Metropolitan Policy Program developed and maintains the Export Monitor, which TradeVistas previously featured in this Tool. In the unfolding tariff war with some of our major trading partners, the analysts at the Metropolitan Policy Program recently released an important analysis of […]

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3d race car on white background

Trade Promotion Authority: Driving Trade Deals on the Fast Track to Congressional Approval

A May 17 NAFTA deadline has been in the news. That's because Congressional leaders have advised the Trump administration that the deal needs to get done soon in order to have a vote on NAFTA 2.0 in this Congress under so-called “fast track” voting procedures. There are all sorts of steps on the timeline built into the Trade Promotion Authority legislation (TPA) for expedited approval of trade agreements. Here’s a short version of the history, context, and essentials of how it all works.

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Feature Image for TPA

Sharing Trade Powers

Here’s your annotated guide to the timeline and procedures for “fast track” approvals of U.S. trade deals by Congress.

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Boy sleeping on desk

The One Trade Lesson Everyone Should Learn: Smoot-Hawley

In Ferris Bueller's Day Off, Bueller's classmates stare blankly, blow bubbles, and fall asleep on their desks as high school teacher Ben Stein (an economist in real life) explains how the United States sank deeper into depression in the early 1930s. As he drones on, asking the students questions — “Anyone? Anyone?" — few of the movie's fans realize he's teaching one of the most important lessons in the history of trade policy: how Congress muffed the Smoot-Hawley Tariff Act of 1930.

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Test Family reading

Dr. Seuss Helps Us Thrive in the Knowledge Economy

By focusing on better preparing youth for employment in the knowledge economy, we can address long-term labor market shortfalls, improve lifetime earning potential, and contribute significantly to national productivity and global competitiveness. Where does it all begin? With teaching our kids to read well.

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Peeps Rainbow

For the Love of Peeps: The Price We Pay for American Sugar

For many years now, the U.S. Government has implemented a sugar program that ensures sugar producers and refiners get a minimum price for American-grown sugar. It's a hidden tax paid for by Peep-lovers everywhere.

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Time to eat

Retaliation: Why Raising Tariffs Becomes a Food Fight

Although the steel and aluminum tariffs are promoted by the Trump administration as a strategy to seek fairness for those industries, the tariffs will incite retaliation by trading partners, imposing significant costs on large numbers of U.S. producers and consumers who have nothing to do with these industries' grievances.

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American Flag lapel Pin

How Your Collar Stays Stiff and Your Yoga Pants Stretch

The super powers of the materials in our jeans, suits, and mattresses require textile innovation, something at which American researchers, engineers, and designers in the textile industry excel.

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Etsy Sellers

Etsy’s Growth Illustrates That Even Local is Global

Etsy, the online marketplace for handmade, vintage, or other unique items, is one of many popular Internet platforms where individual creators can sell their works. Nearly 15 million Americans earned a collective $6 billion using just nine of these platforms. Millions more did the same worldwide. And now many of these creators are also global traders.

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