Congress routinely engages in targeted, short-term tariff cuts through “miscellaneous tariff bills.” Although conventional wisdom says that unilateral tariff cuts are politically impossible, these bills show that it is possible to reduce tariffs given the right political environment. Proponents of such tariff cuts argue that the cuts support U.S. jobs; critics argue that the economic value of miscellaneous cuts is modest, and that the process is open to abuse because it requires companies that want a tariff cut to ask their legislator to introduce a specific bill on their behalf.
Venezuela recently surpassed Mexico as the third-largest supplierof crude oil to the U.S.-after Canada and Saudi Arabia. HugoChávez has already demonstrated his willingness to use oilas a tool against America. Therefore, absent a firm commitment forconstructive and verifiable cooperation by Chávez, the WhiteHouse should not renew ambassadorial relations.
by Fr J.C. Pieris It is vitally important to value our freedom more than anything else, as Patrick Henry did and declared: “Give me liberty or give me death. My humanity diminishes the less I am free; my humanity is enhanced the more I am free.” Moises Naim has written a book that every freedom […]
Miami, Nov 13 (EFE).- The 39th edition of the Miami Book Fair, the most important such event in Spanish in the United States, kicks off on Sunday with a combination of literature and music from Colombian singer Juanes, who is presenting a new book about his life, and with Cuban poet Carlos Pintado, who will …