Australian Prime Minister Scott Morrison has praised an “historic” new trade deal with India as being good for producers of seafood, wine, and other produce and resources as the country inks a deal. “This is great news for lobster fishers in Tasmania, wine producers in South Australia, macadamia farmers in Queensland, critical minerals miners in…
The Impossibility of Autarchy
Commentary The invasion of Ukraine, the spike in inflation, and the risks of supply shortages have made some politicians dust off some of the worst economic ideas in history: autarchy and protectionism. Some believe that if our nation produced everything we needed, we would all be better off because we wouldn’t depend on others. The…
Beef Emerging as Sticking Point in Free Trade Talks Between Canada and Britain
A potential clash over hormone-treated Canadian beef is emerging as a sticking point as free trade talks between Canada and Britain formally begin. U.K. Trade Secretary Anne-Marie Trevelyan and her Canadian counterpart, Mary Ng, are announcing the start of talks today in Ottawa. Britain and Canada have already negotiated an interim trade agreement to replace…
Trilateral Talks Take Place Against Backdrop of Supply Chain, Protectionism Concerns
Strengthening North American supply chains and friction over renewed attempts at U.S. protectionism are key issues as the leaders of Canada, the United States, and Mexico hold their first trilateral meeting since 2016. The North American Leaders’ Summit comes amid new U.S. protectionism measures, one of several irritants for Canada. President Joe Biden’s infrastructure bill, signed…
Taiwan Must Do Real Free Trade
Commentary Taiwan has become perhaps the hottest spot in the world in terms of a potential outbreak of war between it and China, which could potentially also draw the United States, Japan, Australia, India, and much of Southeast Asia into the conflict. Indeed, it could well become another World War of unimagined destruction. The background…
Ban China From the WTO
June 22, 2021
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Ban Chinaflouting global trade rulesfree tradeOpinionThinking About ChinaViewpointsWorld Trade Organization (WTO)
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Commentary Free trade is getting a bad name. It used to be that economists and experts almost universally approved of unfettered international trade, free of distortion from subsidies and tariffs. Now, that gospel is questioned because of the Chinese regime’s unethical trade practices, including dumping products at below market prices and widespread technology theft, along…
Truss Urges Farmers to ‘Stop Being Defensive’ as She Hails Australia Trade Deal
The trade deal with Australia will act as a “stepping stone” to a wider trans-Pacific accord, Secretary of State for International Trade Liz Truss said as she rejected farmers’ concerns about the agreement. Truss said the UK is looking at parts of the world where growth is expected in the future as she defended the deal,…
Support Grows Among Conservatives for CANZUK Alliance
Support is growing among conservative politicians to strengthen diplomatic ties between Australia and three of its closest allies—Canada, New Zealand, and the United Kingdom. The proposed CANZUK alliance would introduce reciprocal migration, free trade, and foreign policy cooperation between these like-minded countries, which share bonds through their cultures, history, common-law legal system, respect for human…
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