TradeVistas | building blocks of trade

Rule of Law is the Bedrock of Trade Agreements

The fundamental goal of any trade agreement is to promote and undergird government adherence to rule of law, which in turn enables private economic activity to thrive. When coupled with commitments to market access, individuals and companies are free to do business anywhere in the world.

hands on home - rebuilding trade relations

Is It Just a Phase? Redesigning Trade Deals in the Age of Trump

The U.S. and China signed a trade deal on Jan 15. Attempting to rewire China’s economic system cannot be achieved in one pass – an agreement this ambitious would have to be built in phases. What does that mean for the future of trade deals?

Salt refinery, Saline from Janubio, Lanzarote, Spain

Grains of Global Salt Trade

Considered precious and therefore a source of great power, ancient civilizations invested enormous symbolism, prevented famine, waged wars, built and lost empires over salt for thousands of years. But now that salt is readily available almost everywhere on Earth – why do we still trade so much of it?

Gift box with miniature Christmas tree

Holiday Gift-Giving in the Trade Spirit

Whatever you buy for the holidays this year, chances are, there’s a global trade aspect to your gift-gifting. As we like to say at TradeVistas, “see the trade in everything.” Happy holidays.

Turner worker working

Laboring for Trade

Labor provisions are an increasingly important feature in trade agreements. But do they work? Despite the attention paid to labor provisions in trade deals like USMCA, domestic policy, not trade agreements, might be the most direct – and most effective – way to improve workers’ lot, especially in advanced countries like the United States.

Single Pencil

Pencils: Still Teaching Us Lessons About Trade

The question of where and how pencils are made has resurfaced in the current debate over American trade policy. Policymakers often try to revive trade-impacted low-tech sectors through trade protection. The pencil industry’s experience highlights the difficulties of this approach.

Human Hand And Robot Making Fist Bump

Automation Won’t Destroy Trade — It Might Even Boost It

Many industry observers are sounding alarms about the looming impact of automation, robots and 3D printing, which they fear will destroy jobs, disrupt value chains and maybe even reduce the need for international trade. But data and evidence don’t support the hype.

Patriot

Comparative Advantage Revealed: What the U.S. Could Gain from an FTA with Brazil

President Trump and Brazilian President Jair Bolsonaro announced their desire to “build a new partnership” after meeting in August, potentially through a bilateral free trade agreement. Beyond any political merits or challenges, the potential commercial benefits of a U.S.-Brazil FTA can be shown through textbook economics.

aerial view of 2 tractors planting potatoes in fields

Japan Mini-Deal A Victory for U.S. Agriculture?

Many American farmers and ranchers breathed a sigh of relief when the United States and Japan formally signed a U.S.-Japan Trade Agreement in September. However, U.S. agricultural producers are not completely out of the woods.

Piccadilly Circus underground station, London

Life After Brexit for the EU and UK

In 2016 the United Kingdom voted to leave the European Union (EU). The three years of negotiation that ensued have thus far been about the terms of a “withdrawal agreement” which provides for a transition trade agreement. The longer-term trade arrangements between the EU and the UK are still up for negotiation.