We are in a Trade War — With Ourselves
The few domestic companies that may (or may not) benefit from special treatment shouldn’t outweigh the costs for the rest of the economy.
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Steel Industry Illustrates Nuances of Modern Trade
When it comes to steel tariffs, we could be in a trade war -- with ourselves.
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Both Sides of the Manufacturing Equation
Helping one set of manufacturing workers can put others in harm's way. For example, anti-dumping duties on primary metals might help 400,000 metal workers, but it also disadvantages 6 million other manufacturing workers, whose families and communities equally value their jobs.
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Environmental Goods Agreement
The Environmental Goods Agreement (EGA) is an effort by 17 participants representing 46 WTO Members to eliminate tariffs on a range of goods related to protecting or improving the environment. Together, these 46 Members account for 90 percent of environmental goods trade worldwide. The EGA would eliminate tariffs on a negotiated list of products designated as “environmental goods,” and would be signed by a subset of WTO Members. Trade practitioners call this type of agreement a plurilateral sectoral agreement: many countries, one sector.
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