Policies meant to lure importers to Hainan, a resort island off China’s coast, signal an opening up, Beijing says. One expert calls it a “bait and switch.”

The regulation of commercial activity across countries is the focus of free trade and fair trade policies, but both address the topic from different perspectives. Free trade focuses on the reduction of barriers and policies that favor certain countries or ...

Blaming “free trade” as the root cause of domestic social ills makes it sound as if we must choose between liberal trade policies and solving important policy problems at home. That’s a false choice. It ignores the fact that the United States has ...

It’s hard to know what that concepts means at the Heritage Foundation these days.

Free trade is the hallmark of capitalism – and has been since the publication, in 1776, of Adam Smith's classic, The Wealth of Nations. Free trade is widely embraced by economists as a beneficial policy for nations to adopt, and an increasing number of ...