March 20, 2018 Trade Agreements Are the Answer to Trade Deficits
Frank Lavin and Fredrik Erixon will share their recent study of NAFTA, U.S. steel trade, and the role of FTAs and present their findings that among other benefits, FTAs improve the U.S. balance of trade.
Tuesday, Mar 20, 2018
2:00 pm - 3:00 pm
The Heritage Foundation
Former Undersecretary of Commerce for International Trade (2005-2007); Ambassador to the Republic of Singapore (2001/2005); and Chairman, Public Affairs Practice, Edelman Asia Pacific
Economist and Founding Director, European Centre for International Political Economy (ECIPE)
The United States has pursued Free Trade Agreements since the Reagan Administration, resulting in agreements with 20 countries. These FTAs have generally been seen as forward economic and diplomatic steps but in recent years they have encountered increasing criticism, with the Trump Administration offering criticism of NAFTA and the U.S.-Korea FTA as well as withdrawing the U.S. from the Trans-Pacific Partnership. In the critique of FTAs, the U.S. balance of trade is frequently held out as evidence of the supposed harmful effect of FTAs. Frank Lavin and Fredrik Erixon will share their recent study of NAFTA, U.S. steel trade, and the role of FTAs and present their findings that among other benefits, FTAs improve the U.S. balance of trade.
REPORT22 min read
COMMENTARY2 min read
COMMENTARY3 min read