Today, a broad group of 26 organizations wrote a letter to President Trump opposing the Administration’s proposal to levy hefty tariffs on steel and aluminum imports. These tariffs will raise consumer prices and fuel inflation and higher interest rates, and risk retaliatory tariffs on U.S. exports. The letter is available here.
The Trans Pacific Partnership (TPP) evolved from discussions starting in 2005. The goal was to promote freer trade through treaties including in agriculture, intellectual property, services and investments, where the US has a comparative advantage. Any resulting treaties would ostensibly allow our trading partners to import in areas where they excel, while Americans export goods […]