Thursday, November 26, 2009

international trade

Tips for Small Businesses Looking Abroad

Online resources make foreign trade easier, but firms still need to budget for bumps in the road. more >>

More Plays on the News in Cuba

Here are some companies that could profit if the U.S. embargo ends. more >>

Don't Fret, Sovereign Wealth Funds

Trade is key to world peace. more >>

Trade Deficits: Not So Bad, After All

Think of it this way: Individuals trade, not nations. more >>

Bush Pitches for Free Trade

What's behind President Bush's renewed campaign to promote free trade? Bush's pitch, which he made again Saturday in a national radio address and which he will continue to publicize in various appearances this week, is designed to rejuvenate support for free trade at a time when protectionism seems to be surging, White House advisers say. more >>

Recession Fears Continue to Fade

More and more, it looks as if the economic expansion will continue. more >>

Learning From Mattel's Chinese Apology

The toy maker reminds Americans that not all mistakes are made in China. more >>

Fast Chinese Growth Sure to Alarm Trade Hawks

Tomorrow, the Chinese government will release its second-quarter gross domestic product report. Economic growth for the period will probably come in between 10 percent and 11 percent. more >>

Would a Market Meltdown Spur Protectionism?

A stock market slump could have consequences for the protectionist push in Congress. more >>

Free Trade: Under Siege

"It's going to be the perfect storm" is how one knowledgeable Capitol Hill insider described the upcoming efforts by protectionists of both parties in Congress to pass trade legislation punishing China for running a $200 billion-plus trade surplus with the United States. This week's high-level "strategic dialogue" between a Chinese trade delegation and American officials from the White House and Congress did nothing to change that assessment. more >>

The Paulson Bull Market?

Maybe it's a coincidence, but the stock market hasn't had a down day since that trade compromise between the White House and congressional Democrats–brokered by Treasury Secretary Hank Paulson–on adding labor and environmental standards to future trade agreements. But the winning streak shouldn't be surprising given how heavily trade issues and protectionism have been weighing on the mind of many on Wall Street. more >>

Buchananomics for the Dems?

Which Democratic presidential candidate will pull the trigger? Which Democrat will come right out and advocate some old-fashioned protectionism–or "economic nationalism," as some trade warriors like CNN's Lou Dobbs prefer to call it? While both parties have grown more skeptical of trade, the Dems are certainly more so, especially after the last election, where many of their new House and Senate members ran with an anti-free-trade agenda. Now as I noted in my last posting, the recent Democratic presidential debate really didn't touch too much on economic issues. more >>

Rangel Proposal Won't Pacify the 'Seattle Democrats'

Has Charlie Rangel, the personable chairman of the House Ways and Means Committee, pulled it off? After unveiling "A New Trade Policy for America"–which would attach tougher labor and environmental standards, among other provisions, to U.S. more >>

Stock Market Drop Should Scare Congressional Protectionists

Remember the 1994 movie Speed? It's the one where a madman (Dennis Hopper) takes a bunch of bus passengers hostage and then rigs the vehicle to explode if its speed falls below 50 mph. That's a pretty good way of thinking about China right now. more >>

Why the Pelosi Democrats Scare China

"She scares the hell out of them." That's the way an American businessman, one with strong ties to the Chinese elite and a frequent traveler to Beijing, described to me how that nation's leadership views Speaker of the House Nancy Pelosi. more >>

'Fair Trade' Lifts the Wrong Boats

Whom does protectionism really protect? Too often, it protects the weakest competitors–while allowing them to get weaker. In a Darwinian way, protectionism also benefits the very people you're trying to protect yourself against. more >>

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