Tag Archive | "Trade"

WTO In A Bind

The nervousness among the proponents of so-called “free trade” continues as the World Trade Organization (WTO) meets in Hong Kong. The New York Times reports that the negotiators have given up on making progress on “intractable issues like farm subsidies” so they are going to “focus heavily on increasing exports from the world’s poorest countries.” […]

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Latin America Scuttling So-Called “Free Trade”

I’ve remarked a number of times on the obstacles facing the global agreements on so-called “free trade.” Today, there are two very related articles in the elite press. The first is a front-page article in the Financial Times entitled “U.S. Warns Over Trade Summit.” The U.S. is warning that “Failure to reach an ambitious agreement […]

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Take A Deep Breathe on Trade

While there is a lot of focus on the results of Tuesday’s elections, I’m much more intrigued by the developments in the last two days on trade. And hoping that maybe, somehow, the developments can inject a little sanity into the debate over the rules that govern the exchange of stuff between countries. First, the […]

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FTAA On Life Support

I opined over the weekend that the recent summit in Argentina could signal the end of so-called “free trade.” Which would be a good thing since, then, we could cast off the unhelpful dichotomy of “free trade” versus “protectionism” and get down to a real discussion about rules of the road when it comes to […]

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The End of So-Called Free Trade?

Mar Del Plata may be the place where so-called “free trade” was stopped. I never underestimate the ability of the big corporate powers to get up off the mat. But, the big-scale ambition–far bigger than the Central American Free Trade Agreement–to create a Free Trade Area of the Americas is pretty much dead–at least for […]

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CAFTA Fight Lives On

One of the most annoying things about the apologists for the Central American Free Trade Agreement (including the CAFTA 15) has been their insistence that the trade deal would do wonders for people in Central America and the Dominican Republic (which is included in CAFTA). The problem was that those apologists could not explain why […]

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China’s Booming Trade

If you wanted any more information about the rise of China as the world’s global economic power of the next century, today’s Wall Street Journal reports: “China’s trade volume was $1.1 trillion in 2004, state media reported, up from $850 billion the previous year. The record annual trading volume, the sum of China’s exports and […]

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