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World Trade

The Ocean Shipping Reform Act

American farmers are struggling to send their goods overseas as the East simply does not want American exports. The Ocean Shipping Reform Act passed in the House...

The International Unit of Account

QUESTION: I only recently learned of your material and am still digesting it. I appreciate that you encourage critical thinking. I hope you find my questions of the...

Why Are Capital Controls Destructive?

QUESTION: Controls v Protectionism If capital controls would be such destructive measure, then China already has in place what one would consider Capital Controls...

Polarization of the World in Trade & Taxes is Destroying Western Economies

  While there is a grave danger many speak of with trade wars creating protectionism, that is merely a reaction to the economic decline in the West. It is not...

World Trade

COMMENT: Hi Marty I agree with Trump. Assembling in the U S is not sufficient. We need the supply chain parts (eg manufacturing ) in the US. What do we do when we...

World Trade & Competitive Advantage

QUESTION: Hi Marty, I was surprised to see this post. While I can understand from a dollars and cents perspective you may be for global trade and globalism itself,...

Trump’s National Security Claims for Autos

Toyota has criticized President Donald Trump’s decision to declare some auto sector imports a national security threat. They say it sends a message that...

Understanding How Free Trade is Circumvented

QUESTION: Hi Martin, I just read your blog on the new NAFTA. One important point that you missed is the control the new agreement gives to the US over Canada in...

The US Mexico & Canada Trade Deal Replaces NAFTA

The new Trade Agreement between Mexico and Canada (USMCA) and the United States over which Trump has been so criticized for was obviously necessary from a number of...

Trump Threatens to Cancel NAFTA If Congress Interferes

QUESTION: Mr. Armstrong; Do you agree with Trump that if he canceled NAFTA, the United States would be better off? SN ANSWER: Ironically – YES from a jobs...