The House Ways and Means Trade Subcommittee invited submissions in connection with its hearing on modernizing NAFTA. This is the Executive Summary of American Phoenix’s comments.  The full comments can be found here.    In the past year, the backlash against globalization has expressed itself through Brexit, the withdrawal of the U.S. from the Trans-Pacific Partnership,…

The debate over trade policy seems to lead to only two possible views:  on one side, trade is responsible for the decline of the American middle class; on the other, trade is always beneficial, regardless of the rules.  Each side has a pejorative label for the other, so that we live in a world where…