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U.S. business should supportCAFTA and free trade. Congress must address the tough competitive challenges facing American business by tackling corporate tax andtortreforms.
Trading in the past.
Because U.S. agricultural subsidies, regulations, and spending programs have significant effects on global markets, the 2007 farm bill has been the subject of international scrutiny and a source of problems at the Doha round.
The importance of the U.S.-Chile Free Trade Agreement (FTA), enacted on January 1, 2004, is often overshadowed by both the North American Free Trade Agreement (NAFTA) and the Central America–United States–Dominican Republic Free Trade Agreement (CAFTA-DR). Nevertheless, the U.S.-Chile FTA offers valuable lessons about the impact of bilateral trade agreements...
Congressional Republican leaders had a banner final week:Passage of the energy bill,the highway bill,and CAFTAwas major league.
All of us raging moderates and institutionalists can now breathe a sigh of relief: At least for now, the center holds.
Politicians seeking to appease popular opinion with protectionist measures could set back a global economic recovery for decades.
The costs of free trade have been exaggerated and its benefits neglected.



