But, with the threat of needless trade battles erupting — as President Trump moves to levy restrictions on a vast range of imports and investments from China— deep damage could be inflicted on our economy, on this global progress, and on the international trading system.

Because its message is more timely and needed than ever, Mad About Trade —an acclaimed guide to the myths and realities of free trade— is now available for free downloading on the Cato Institute’s web site. 

• Import competition provides lower prices, greater variety, and better quality.
• Trade barriers erected in the United States are harmful and manipulative, their value often misrepresented by those with economic or political axes to grind.
• Foreign investment here has created well-paying jobs and investment abroad has given U.S. companies access to millions of new customers.
• Trade has helped expand the global middle class, reducing poverty and child labor while fueling demand for U.S. products.

In addition to reading of downloading Mad About Trade, we also invite you to explore the wealth of other resources Cato has created on this vital subject.