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The new order of trade

Trade has been about growth and efficiency. Now other goals are competing for attention, says Soumaya Keynes | Special report ....

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Gatt and global order postwar era | Economic history | Cambridge University Press

Gatt and global order postwar era | Economic history | Cambridge University Press
cambridge.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cambridge.org Daily Mail and Mail on Sunday newspapers.

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An anniversary for free traders

An anniversary for free traders
economist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economist.com Daily Mail and Mail on Sunday newspapers.

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Trade Promotion Authority: A Road Map for Congress

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Advancing trade freedom for Americans should be a key objective for the Biden Administration and Congress. When U.S. tariffs and non-tariff barriers are low, families, individuals, and businesses have access to more affordable and diverse products. New free trade agreements that lower barriers at home and abroad are an integral tool for advancing trade freedom. Congress has the power to regulate trade under the Constitution, but it has delegated some of its power to the executive branch to aid in the negotiation and passage of trade agreements.
In the past, Congress has only delegated the authority to modify tariff rates. However, in recent years, it has expanded the executive branch’s authority through the passage of Trade Promotion Authority (TPA), which establishes a cooperative process between the two branches for entering into trade agreements. Under various iterations of TPA, Congress and the executive have worked together to pass 14 trade agreeme ....

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