If the US is to sell more abroad and borrow less, countries with trade surpluses -- notably Germany and China -- will have to spend more, buy more, save less and export less. Only China and Germany clearly haven't got the message.
April 15 the President has to officially declare that China is manipulating its currency and impose tariffs that will start to bring back factories and jobs to America.
China is holding down the value of its currency, which means goods made in the country cost less than those made elsewhere. This practice ultimately undercuts American companies.
Environmentally-friendly trade policies offer fresh opportunities to deliver benefits for American businesses and workers, provided that the Obama administration can see them through.
It took three years to execute the colossal task of changing currencies into Euros. The Euro is essential, and the current decision reinforces the European common currency.
Mobilizing our entire government in support of U.S. exports -- from cabinet officers, embassy officials, ambassadors and the President himself -- will help our companies and workers compete.
America's habit of deferring maintenance on its infrastructure goes beyond crumbling buildings and slow trains -- in the long term, we'll fall behind the rest of the world in our ability to compete economically.
In the middle of this terrible jobs crisis Whirlpool is closing a factory in the US and sending the jobs to Mexico. Their Mexican workers will be pa...
Pundits like Thomas Friedman are wrong to think that we can simply scale up R&D to a degree where it can be equally traded for the huge quantity of things we need but don't make in this country.
There is a perception that China's large dollar holdings confer upon that country some economic or political power vis-Ć -vis the United States. This view is incorrect and completely misunderstands the situation.
Holding up the foreign menace to advance a political agenda is a well-tested tactic in American politics, but its proven success doesn't make it any less reprehensible.
I have a regular spot on the radio show, The Fairness Doctrine, currently in Massachusetts but going national. The show has a liberal and a conserva...
The European Parliament agreed to support a ban on trading bluefin today despite fears by nations like Greece, Spain, and Malta, whose fisherman would be most affected.
In past years at Davos, I often found myself in early morning optional sessions on social responsibility, in small rooms on the third floor of the c...
Over the next decade, the world promises to be a smaller, faster, more connected place. This nation's standing in that new world will be determined by the decisions we make today.
A politically weakened Obama will probably not be able to count on the kind of Congressional and public support that he needs in order to accomplish any ambitious foreign policy project.
U.S. efforts to help Haitians recover from the disaster should include further improvements in our trade preferences program to promote job growth and better working conditions in Haiti.
I believe that our government should adopt two national economic goals: To be a productive nation steadily growing a large per capita GDP and to share widely the prosperity made possible by that productivity.