Government interference in the sugar market hurts consumers and food manufacturers by driving up the price of sugar, threatening competitive farmers and ranchers by jeopardizing export growth, and weakening the U.S. economy by diverting resources from more competitive uses. This Depression-era program, which was supposed to end in 1940, has…
The U.S. defense base is on the verge of a crisis—losing the design engineering and industrial capacity to affordably produce the cutting-edge military systems that once gave the American military an unassailable advantage. The reason for this is simple: The free market works. When there is no competitive market for…
Abstract: The People’s Republic of China is a major U.S. trading partner and a potential antagonist. Thus, the United States has good reason to exercise some control over U.S. exports, particularly of sensitive technologies. However, current U.S. export controls are often counterproductive, failing to deny opponents and potential opponents…
On Tuesday, September 21, the Senate Foreign Relations Committee reported favorably on the U.S.–U.K. Defense Trade Cooperation Treaty, the U.S.–Australia Defense Trade Cooperation Treaty, and a bill that would implement both of these treaties. On Monday, September 27, the Senate, by unanimous consent, approved this implementing legislation. …
On August 31, the White House announced its plan to reform both the policy and process for controlling the export of militarily sensitive commodities and technologies.[1] It is clear that the United States’s export control system is in need of reform. The current system is needlessly complicated and…
Abstract: President Obama has pledged to double U.S. exports over the next five years—an ambitious goal. But the President’s strategy of creating Export Promotion Cabinets and subsidizing loans is not the way to make that happen. The federal budget deficit—$1.4 trillion—is the largest obstacle…
Over the weekend, President Obama notified House Speaker Nancy Pelosi (D–CA) that he intended to allow the issuance of...…
The State Department has posted a speech by Ann K. Ganzer, Acting Deputy Assistant Secretary for Threat Reduction,...…