The issue at hand is reforming the current (and flawed) Renewable Fuel Standard (RFS), which was implemented by the Environmental Protection Agency (EPA) in 2005, and is advocated by small retailers, mom & pop owners of gas stations, independent U.S.-based oil refiners, and union workers. Read the article

In short, free traders mistakenly believe those who are negatively affected by the tariffs will outnumber those who will be positively affected. Put more simply, they believe the tariffs will “hurt more Americans than they will help.” Therefore, the tariffs are bad policy. Read the article

President Trump recently announced tariffs on imported steel at 25 percent and tariffs on imported aluminum at 10 percent. As predicted, free trade advocates instantly warned of global catastrophe, foreign retaliation, a trade war, and another Great Depression similar to the 1930s. Simply put, these predictions of gloom and doom amount to absolutely nothing. Read … Read More

American companies that want to export to India face significant trade barriers (including high import tariffs). According to the most recent data from the World Trade Organization (WTO), the average “bound” tariff rate is about 48 percent (a “bound” rate means the WTO doesn’t normally allow this rate to go any higher). However, many tariff … Read More