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Falwell May Call for Civil Disobedience Over Leftist Gun Measures

TownHall Latest columns - Thu, 01/16/2020 - 19:20
In response to anti-Second Amendment measures, that are increasingly likely to be passed by the democrat led Legislature in the Commonwealth of Virginia, Liberty University President Jerry Falwell is pretty sure he will call for civil disobedience if said legislation is passed and signed by the governor.

Why Are We Still There? When Do We Leave?

TownHall Latest columns - Thu, 01/16/2020 - 19:10
My oldest asked me a question for which I have no answer: Why are we sending soldiers to Afghanistan?

Will Democrats Choose Safety or Risk?

TownHall Latest columns - Thu, 01/16/2020 - 19:01
When the economy shows signs of weakness, Wall Street analysts expect to see what they call a "flight to safety."

The Democrats' Economic Message Is Preposterous

TownHall Latest columns - Thu, 01/16/2020 - 19:01
Even alleged moderates such as Joe Biden are falling back on economic arguments that are wholly disconnected from anything resembling reality.

A Malicious Indictment Mitch Should Toss Out

TownHall Latest columns - Thu, 01/16/2020 - 19:01
This coup has been in the works for three years.

Impeachment Is Now Sacred?

TownHall Latest columns - Thu, 01/16/2020 - 19:01
Just 10 months ago, House Speaker Nancy Pelosi proclaimed that an impeachment of President Donald Trump would not happen unless there was "something so compelling and overwhelming and bipartisan."

Deepening far-left rift may boost Biden’s chances

Fox News (Politics) - Thu, 01/16/2020 - 14:21
There's an angry split among Democrats.

Pelosi does impression of 'grim reaper' Mitch McConnell just as impeachment trial kicks off

Fox News (Politics) - Thu, 01/16/2020 - 14:11
House Speaker Nancy Pelosi mocked Senate Majority Leader Mitch McConnell Thursday for complaining about delays in passing the United States–Mexico–Canada Agreement and impersonated him at her news conference.

Judge delays Flynn sentencing again after surprise move to withdraw guilty plea

Fox News (Politics) - Thu, 01/16/2020 - 14:09
A federal judge on Thursday once again pushed back the sentencing date for President Trump’s former national security adviser Michael Flynn after his legal team moved to withdraw his guilty plea for lying to the FBI in the Russia probe.

Chief Justice John Roberts, senators sworn in as Trump impeachment trial opens

Fox News (Politics) - Thu, 01/16/2020 - 12:12
The chief justice of the United States, John Roberts, was sworn in Thursday to preside over the Trump impeachment trial as the historic proceedings opened in the Senate with a mix of pageantry and partisan swipes.

Liz Cheney to seek reelection in the House, rules out Senate bid

Fox News (Politics) - Thu, 01/16/2020 - 11:05
Rep. Liz Cheney, R-Wyo., announced Thursday that she will not be running for her state's open Senate seat in 2020 and will instead seek reelection to the House.

Iraqi refugee launches GOP challenge to Ilhan Omar: 'She needs to be stopped'

Fox News (Politics) - Thu, 01/16/2020 - 10:51
Dalia al-Aqidi is a Muslim Iraqi refugee who says she's tired of hearing Rep. Ilhan Omar, D-Minn., play identity politics while using language she believes is "dividing" America -- so she is launching a campaign to unseat her in November.

Sanders-Warren debate clash over sexism fuels their campaign fundraising

Fox News (Politics) - Thu, 01/16/2020 - 10:45
The on-stage salvos between Sens. Bernie Sanders and Elizabeth Warren at Tuesday’s Democratic presidential nomination debate in Iowa over whether or not he told her a woman couldn't win the presidency in the 2020 election are actually paying off for both candidates in terms of fundraising. 

GAO says Trump administration broke law by withholding Ukraine aid

Fox News (Politics) - Thu, 01/16/2020 - 10:40
The Government Accountability Office issued a legal opinion on Thursday saying that President Trump's administration broke the law by withholding defense aid to Ukraine -- the issue at the heart of the president's impeachment trial. 

NYC’s sanctuary city policy under fire after freed illegal immigrant allegedly murders 92-year-old

Fox News (Politics) - Thu, 01/16/2020 - 09:29
New York City’s sanctuary city policy is again under fire after an illegal immigrant, who was released from NYPD custody in November despite a plea from federal immigration officials to hold him, is alleged to have gone on to sexually assault and murder a 92-year-old woman. 

Ukraine investigating whether ex-US ambassador was surveilled, after impeachment document dump

Fox News (Politics) - Thu, 01/16/2020 - 09:22
The investigation comes on the same day the U.S. Senate will recieve articles of impeachment accusing President Trump of pressuring Ukraine to open an investigation into the family of his 2020 rival, Joe Biden.

The UK and the EU Need a New Approach to Trade Remedies

Cato Recent Op Eds - Thu, 01/16/2020 - 08:34

Simon Lester

Whatever your view is on the merits of the European Union, it would be hard to dispute that it is one of the most innovative international economic arrangements ever created. Its founders had a general vision, but it took a wide range of institutional and policy innovations during implementation to make it all work.

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Seeking institutional innovation

As the UK and the EU undertake the difficult process of undoing their relationship and developing a new one, there will be a need for some additional innovation. Trying to use traditional trade agreement obligations as a replacement for this deep and complex economic relationship will be insufficient.

One area of particular difficulty will be trade remedies, which include tariffs imposed in response to import prices that are deemed too low (anti-dumping duties) and to foreign government subsidies (countervailing duties).

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As the UK and the EU undertake the difficult process of undoing their relationship and developing a new one, there will be a need for some additional innovation.

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The term ‘dumping’ is sometimes thrown around loosely in trade policy discussions, but it has a technical meaning that involves a determination of whether the export price of a product is ‘unfairly’ low. A tariff can then be imposed to counteract the impact of this pricing. With regard to subsidies, there is a calculation of the amount of the subsidy, and, similarly, a tariff is imposed to counteract it.

The EU is one of the rare trade agreements that eliminates the use of trade remedies on internal trade. As a result, trade between the UK and other EU countries is not subject to trade remedies.

I have argued previously that tariffs imposed as trade remedies are unnecessary and problematic here, and should be kept out of the UK-EU economic relationship. This relationship would be permanently soured by recurring claims of ‘unfair trade’ by one side or the other.

Nevertheless, trade remedies are an established part of domestic trade policy and are difficult to avoid. Interest groups demand them, and it is hard to have a proper debate over their merits.

The UK has already set up a Trade Remedies Authority to oversee a domestic trade remedies regime, and trade remedies are likely to be part of the future UK-EU economic relationship.

But perhaps there is room for some innovation here that can make the situation better.

One of the issues with the imposition of trade remedies is allegations of bias on the part of the domestic agencies who oversee things. These agencies are thought by many to favour the point of view of domestic industries who complain about unfair foreign trade, and to discount the arguments of importers and foreign producers.

But what if the these bias concerns could be addressed with an institutional innovation? Perhaps the trade remedy process could be moved to the international level, with neutral adjudicators, rather than domestic agency officials, deciding the issues.

The WTO and NAFTA approach to resolving trade remedy disputes

As things stand now, domestic trade remedies are subject to challenge pursuant to the rules of the World Trade Organization on these issues (the Anti-Dumping Agreement and the Agreement on Subsidies and Countervailing Measures).

If a government does not like how its companies were treated in a domestic trade remedy proceeding, it can bring a WTO complaint against the government responsible. As part of this complaint, the determinations by domestic agencies are reviewed to see whether — loosely speaking — they were reasoned and adequate, and consistent with WTO obligations. That process is useful, but it takes a good deal of time, and given resource constraints only a few domestic determinations  are challenged each year.

In the North American Free Trade Agreement — NAFTA — there is a unique set of rules that allow the companies subject to the trade remedy proceedings to bring a complaint against the determination themselves. A NAFTA panel will be set up to review the domestic agency’s decision for consistency with domestic law.

Going further

The WTO/NAFTA approach still allows the domestic agency to hear the case first. But instead of domestic agencies hearing the case initially, and then an international body reviewing that decision, we could start with an international body that would take the place of the domestic agency and examine each of the trade remedy elements: Whether dumping and subsidization took place, and in what amounts; and whether the domestic industry suffered injury as result.

To this end, an international Trade Remedies Tribunal could be established by the UK and the EU and staffed with experts who would evaluate all of these issues and render a decision.

If we take the traditional approach to trade remedies, it is sure to create tension between the UK and the EU. Companies subject to trade remedies generally believe the foreign agency that is imposing tariffs on them is behaving unfairly.

They see these determinations as inherently biased, and a years long process of review at the WTO is of only limited help. If, on the other hand, the initial determination was international in nature, and therefore seen as more objective, it would have more credibility.

It might seem like the wrong moment for international tribunals in UK-EU relations. The people in the UK who support Brexit are looking to get out from under institutions such as the ECJ.

But tariffs are a special situation. There is not much appetite in the UK or the EU for new tariffs, and people are going to be surprised and unhappy that a tariff-free, quota-free UK-EU relationship will still involve tariffs under the normal operation of trade remedies.

Thus, an independent tribunal that oversees these tariffs and ensures that they are legitimate and necessary could be acceptable here. This tribunal would not interfere with domestic regulation, as the ECJ does; it would only act as a check on tariffs.

Ideally, of course, there would be no trade remedies at all between the UK and the EU, as is the case now. But the political realities suggest there will be. If we can limit their abusiveness, the UK-EU relationship will be more peaceful and stable.

Simon Lester is the associate director of the Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies in Washington.

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