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Richmans' Trade and Taxes Blog
CPA's Balanced Trade Push
Jesse Richman, 6/11/2014
The Coalition for a Prosperous America has launched a new push to enact legislative language prescribing balanced trade as a national trade policy objective. We heartily endorse this effort. As we argued in our recent book Balanced Trade, imbalanced trade has a wide range of negative short and long term consequences for the U.S. economy. Balancing trade is an essential element of U.S. trade policy. Although only a beginning, a good place to start is with the effort to legislatively define this as the goal U.S. executive branch officials should be pursuing.
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