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Tariffs and Quotas

• Chinese steel imports 'injure' US

  [BBC News, June 20, 2008] The US International Trade Commission said the Chinese products had been sold at "less than fair value". As a result, the Department of Commerce will impose duty of up to 700% on the imported goods. The tariffs on the imports of steel pipe will range from 99% to 701%.

• Chinese steel imports 'injure' US

  [CBS News, June 20, 2008 ] The US International Trade Commission said the Chinese products had been sold at "less than fair value". As a result, the Department of Commerce will impose duty of up to 700% on the imported goods. The tariffs on the imports of steel pipe will range from 99% to 701%.

• State Muni Tax Laws Remain Intact

  [The Wall Street Journal, May 25, 2008] In a 7-2 decision, the court said Kentucky could continue taxing interest on most non-Kentucky bonds while exempting interest on bonds issued within Kentucky.

• Sovereign Wealth Funds

  [Townhall.com, February 3, 2008] Various U.S. states and municipalities, too, are scrambling for higher returns through investments in equities.

• Exchange Controls and International Trade

  [NBER Digest, December 2007] Attempts to enforce exchange controls by government -- to stop companies and individuals trying to circumvent a country's capital account restrictions -- raise the cost to firms engaging in importing and exporting.

• Sugar's Sweetheart Deal

  [New York Times, October 31, 2007] Of all the government's farm-support programs, there are few as egregious as the tangle of loans, quotas and import tariffs set up to protect the well-connected club of American sugar producers.

• Trade Fears Are All In Smoke

  [The Cato Institute, September 6, 2007] When Congress reconvenes, committee leaders are expected to begin marking bills that are antagonistic toward our trade partners or outright protectionist, inspired in large measure by the myth of American manufacturing decline.

• Tax Incentives Raise Business Investment

  [National Bureau of Economic Research, April 2007] Tax subsidies for businesses are so strong that, for a sufficiently temporary tax change, firms will bid up the purchase price of investment goods by exactly the amount of the subsidy.

• Liberating Trade

  [Congressional Budget Office, November 20, 2006] The United States and many other countries -- including all major developed countries and most developing countries -- would benefit economically from reductions in agricultural tariffs and subsidies worldwide, says the Congressional Budget Office (CBO).

• CAFTA Under Fire

  [NCPA, June 29, 2005] Bruce Bartlett says CAFTA must pass, but it is nothing to be proud of.

• Free Trade and the 2004 Presidential Race

  [American Enterprise Institute, October 6, 2004] Certainly neither candidate or party has a monopoly on the right course for future public policy, but at least in one area--international trade policy--supporters of free trade and more open, competitive markets (including the U.S. market) have a clear choice.

• Tariffs and Chinese Goods

  [NCPA, November 17, 2003] Putting tariffs on all imports to create jobs would be extremely bad policy for many reasons, says Bruce Bartlett.

• The Steel Tariff Decision

  [NCPA, March 31, 2003] The World Trade Organization has ruled that the U.S. steel tariffs violate trading rules that we have agreed to abide by. Although the Bush Administration intends to appeal, the best course would be to just let the tariffs die.

• U.S. Produces More Goods Than It Ever Has

  [NCPA, April 1, 2002] The U.S. economy produces a higher percentage of goods as a share of total output today than at any time in history.

• Misgivings About Steel Tariffs

  [NCPA, April 7, 2002] Economists and trade experts say President Bush's decision to opt for tariff increases of up to 30 percent on imported steel is unjustified.

• Textile Industry Protection

  [New Republic, March 4, 2002] Instead of helping Pakistan recover, analysts say, the Bush Administration kowtowed to the U.S. textile lobby, which supports protectionist tariffs and quotas.

• The Consequences of Protectionism

  [NCPA, March 11, 2002] Even if President Bush had rejected new tariffs, the U.S. steel industry would still be heavily protected from foreign competition, says Bruce Bartlett.

• Europe Set to Retaliate For U.S. Steel Tariffs

  [New York Times, March 23, 2002] A little protectionism can go a long way toward setting in motion a snowball of additional tariffs.

• Europe's Steel Industry Modernized and Consolidated

  [New York Times, March 26, 2002] Steel companies in Europe have put themselves through a grueling transformation in recent years, while big, integrated American producers, for the most part, did not.