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.

Apocalyptic Sunset

Civil War in Syria: How Conflict Erodes Trade

The civil war raging in Syria for eight years now has taken an immense physical, social and economic toll on the country. The longer conflict persists, the deeper the separation from global society, and the harder it will be to rebuild the economic mechanisms and institutions necessary to increase trade and encourage economic growth.

Quota drawing (1)

Are Quotas Worse Than Tariffs?

With all the focus on tariffs these days, it is easy to overlook the return of another tool used to limit imports: quotas. Both quotas and tariffs are used to protect domestic industries by artificially raising prices in the domestic market. Their administration and effects, however, differ in specific ways.

ripe-pomegranate-in-the-center-and-fruit-pomegranate-seeds-scattered-picture-id1049910412

Pomegranates are Symbolic Even for Trade

Pomegranates figure prominently every Jewish New Year. Thanks to trade we can enjoy them nearly all year-round. But in order to continue enjoying a variety of foods – and sustain basic crop production – growers must have access to a variety of high-quality seeds.

Fighter jet quickly flies away in the air.

Global Arms Trade Highest Since End of Cold War

After a decade of steady increase, the volume of arms trade by 2012 had reached levels not seen since the end of the Cold War. Trade in conventional arms and dual-use goods and technologies is regulated through policies that include government defense procurement regulations, national export control licensing regimes and embargoes.

Soft wave lapped the sandy beach, Summer Background.

Wave of Global Sand Trade May Be Depleting Beaches

Sand is a critical component in many of the products we depend on every day. Demand for sand is expected to increase in the coming years, especially in developing countries faced with increasing populations, urbanization and economic growth. But despite its importance worldwide, sand is one of the least regulated resources today.

thermometer

U.S.-China FDI Goes Cold While Venture Capital Heats Up

As the U.S.-China trade war rages, two-way foreign direct investment (FDI) is plummeting. So far this year, combined two-way U.S. and Chinese FDI totals just $9.9 billion – its lowest six-month value in five years. At the same time, venture capital investment is becoming an increasingly bigger piece of the U.S.-China investment puzzle.

Global business strategy deployment

Coming and Going, the U.S. Wins from Foreign Direct Investment

Foreign direct investment (FDI) is a vehicle for gaining entry into growth markets. In theory and in general, it’s a win-win. In practice and locally, it will depend on each deal. Global FDI flows have taken a dive, in part due to a souring investment climate and uncertainties in trade policies, but they are critical for growth in developing and developed markets alike.