Author Archive | Tim Panzarella

A Rising China Bets Big on Infrastructure Spending Overseas, As U.S. Wavers

When President Donald Trump withdrew the United States from the Trans-Pacific Partnership in January, he left a power vacuum in the Pacific region that China is seeking to fill. The Regional Comprehensive Global Partnership, a proposed trade deal that encompasses 16 countries, already promises to bring China closer to its Asian neighbors. China is currently […]

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Senators Aim to Axe Program Giving Farmers Guaranteed Profits While Sticking Taxpayers With the Tab

Gina Sanders | DreamstimeWhen crops fail, taxpayers pay. A popular federal crop insurance program—the Harvest Price Option, or HPO—will cost taxpayers an estimated $21 billion over the next decade in order to guarantee profits for farmers who experience crop failures. Sen. Jeff Flake (R-Ariz.) and Sen. Jeanne Shaheen (D-N.H.) are aiming to slash agricultural subsidies […]

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America’s Exit May Have Improved the Trans-Pacific Partnership, but Not for America

Donald Trump may have pulled the U.S. out of the Trans-Pacific Partnership, but the trade deal didn’t die: Last Saturday in Da Nang, Vietnam, the 11 remaining countries announced that they had agreed on the core elements of the pact. Known officially as the “Comprehensive and Progressive Agreement for Trans-Pacific Partnership” and colloquially as TPP […]

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Globalization Is a Boon for Rural America

Alexey Stiop / DreamstimeHancock County, Kentucky, is a quiet place, along the serpentine Ohio River that divides the Bluegrass State from Indiana. It was here that Abraham Lincoln argued his first law case, in his own defense, when he was accused of operating a ferry without a license. Today this rural patch is one of […]

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