By Sallie James
Kudos to Tim Carney, who has a great piece in the Washington Examiner today highlighting some of the politics and policy substance behind the fight over reauthorisation of the Ex-Im Bank. It’s gratifying to see a journalist take a stand against outrageous corporate welfare. If only it were more common (I’m looking at you, New York “the [...]
Ex-Im Shenanigans, cont’d is a post from Cato @ Liberty – Cato Institute Blog
By Daniel Ikenson
This morning the Obama administration lodged an official complaint with the World Trade Organization’s (WTO) Dispute Settlement Body over China’s ongoing restrictions of exports of “Rare Earth” minerals. Rare Earths are crucial ingredients used in the production of flat-screen televisions, smart phones, hybrid automobile batteries, and other high technology products. The formal complaint was not [...]
Trade Policy Lessons in WTO Challenge of China’s Rare Earth Restrictions is a post from Cato @ Liberty – Cato Institute Blog
By Sallie James
…and agrees to wind down the bank maybe in a year. Not exactly a profile in courage. From The Hill blog earlier this week: House Majority Leader Eric Cantor (R-Va.) plans to bring a bill to the floor by the end of March that could eventually end Ex-Im “subsidies.” “We are working toward a bipartisan solution [...]
House GOP Leadership Takes Brave Stand on Ex-Im… is a post from Cato @ Liberty – Cato Institute Blog
By Daniel Ikenson
My esteemed colleague Sallie James broke ground last summer with an excellent expose of the corporate welfare role played by the Export-Import Bank of the United States. Until this past weekend, Sallie’s had been about the only analysis in the public domain to find the Ex-Im Bank’s activities unseemly, market-distorting, and anathema to free market [...]
The Ex-Im Bank and Crony Capitalism is a post from Cato @ Liberty – Cato Institute Blog
By Daniel Ikenson
Has the Chinese government indulged in protectionist, provocative or otherwise illiberal policies that have, on occasion, violated its commitment to the rules of international trade? Yes. Do the Chinese maintain other policies that very likely would be found to violate China’s WTO obligations? Yes. Is the U.S. government within its rights to bring formal complaints [...]
Time for Some Rapprochement in U.S.-China Economic Relations is a post from Cato @ Liberty – Cato Institute Blog
By Daniel Ikenson
U.S. policymakers hold the key to vastly improved economic relations with China. They also have the key to the vehicle that will take the bilateral relationship over the cliff, which appears to be the route that has been chosen. Republican House Ways and Means Chairman Dave Camp will introduce legislation this afternoon that makes explicit the [...]
Congress Poised to Escalate the U.S.-China Trade War is a post from Cato @ Liberty – Cato Institute Blog
By Sallie James
At a Senate Agriculture Committee hearing earlier this week, Senator Tom Harkin (D-Iowa), gave somewhat parenthetical comments (the main focus of the hearing was energy, rural development and crop insurance) …
Senator Harkin’s Definition of Success is a post from Cato @ Liberty – Cato Institute Blog
By Sallie James
The Wall Street Journal reports today that President Obama will formally announce his intention to let Beijing set U.S. export credit policy [$] at, fittingly enough, a Boeing plant. Boeing is obviously …
President Obama To Promote Possibly Limitless Corporate Welfare is a post from Cato @ Liberty – Cato Institute Blog
By Sallie James
I’ve been getting a few inquiries lately from folks interested in hearing more about my ideas on closing down the Export-Import Bank of the United States. This is encouraging: Ex-Im typically sails through Congress unchallenged. It is quote-unquote self funding, so is not target number one when it comes to deficit reduction. And it has some [...]
The End of the Ex-Im Bank? is a post from Cato @ Liberty – Cato Institute Blog
By Daniel Ikenson
Chinese Vice President and assumed-future President Xi Jinping visits Washington this week amid growing concern that the U.S.-China economic relationship is headed for a difficult stretch. An emerging narrative in 2012 is that a proliferation of protectionist, treaty-violating, or otherwise illiberal Chinese policies is to blame for worsening U.S.-China relations. Indeed, it is beyond doubt [...]
No Winners in U.S.-China Trade War is a post from Cato @ Liberty – Cato Institute Blog
