Key Trade Issues

Noteworthy

"If we increase the number of H-1B visas that are available to U.S. companies, employment of U.S. nationals would likely grow as well. For instance, Microsoft has found that for every H-1B hire we make, we add on average four additional employees to support them in various capacities."
Bill Gates,
Testimony before the Committee on Science and Technology, US House of Representatives,
March 12, 2008.

The Cuban Embargo

In 1970, 17 of 26 countries in Latin America and the Caribbean had authoritarian regimes. Today, only Cuba has a dictatorial regime. Although the transition to market-oriented democracies, which protect individual liberty and property rights under the rule of law, is far from complete in any of the region's countries and will be a long-term process, that transition is already leading to greater political stability and economic prosperity. Economic sanctions have not been responsible for the region-wide shift toward liberalization, however. They have, in fact, failed to bring about democratic regimes anywhere in the hemisphere, and Cuba has been no exception. Indeed, Cuba is the one country in the hemisphere against which the U.S. government has persistently and actively used a full economic embargo as its main policy tool in an attempt to compel a democratic transformation.

The failure of sanctions against Cuba should come as no surprise since sanctions, however politically popular, are notorious for their unintended consequences--harming those they are meant to help. In Cuba, Fidel Castro is the last person to feel the pain caused by the U.S. measures. If sanctions failed to dislodge the military regime in Haiti, the poorest and most vulnerable country in the region, it is difficult to believe that they could be successful in Cuba.


    Trade Policy Analysis

    Trade Briefing Papers

    Speeches and Testimony

    Key Points:

    Books:

    From the Cato Handbook for Congress:

    Commentary


Commentary

Trade, growth: Weep not for Doha
by Daniel Ikenson
July 20, 2008

China's Energy Woes
by Daniel Ikenson
June 30, 2008

Trade, They SED
by Daniel Ikenson
June 18, 2008

Worried About a Recession? Don't Blame Free Trade
by Daniel Griswold
June 3, 2008

View all

CTPS @ Liberty

What's Charlie Rangel Hiding?
by Daniel Ikenson
July 23, 2008

Mandelson Does His Bit for Doha
by Sallie James
July 22, 2008

Free Trade Promotes Peace in Colombia
by Daniel Griswold
July 11, 2008

Dumbing Down Trade to Make it Saleable
by Daniel Ikenson
July 10, 2008

View all