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Congress Should Get Smart and Cut Tariffs to Boost Trade Freedom

Congress Should Get Smart and Cut Tariffs to Boost Trade Freedom
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Guide to the MCC Indicators for Fiscal Year 2024

Global Trade Freedom Needs a Boost

Abstract: The 2012 rankings of trade freedom around the world indicate that trade freedom in the world has remained constant or regressed slightly since 2011. The lack of improvement is regrettable because countries with the most trade freedom have the highest per capita gross domestic product, the lowest incidence of hunger, and the cleanest environments. The U.S.

New Trade Agenda for Advancing Economic Freedom in the World

The United States was the first great free trade zone of the modern age, a fact that accounts for the economic efficiency and prosperity that has made it the largest economy in the world. The freedom to trade without hindrance across a continent-spanning market, which has underpinned America’s rapid development, has in modern times been emulated by groups of nations such as the European Union and promoted worldwide through multilateral organizations like the World Trade Organization (WTO).

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