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Three Trade Policy Priorities for Washington in 2021

Heritage 2021.02.19
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Washington should build on the broad momentum of recent decades to increase economic freedom and dynamic growth around the world, not disrupt it with renewed protectionist trade policy triggered by the COVID-19 pandemic. If there ever was a time to adhere closely to the principles of economic freedom, this is it. Any notion that America can deal with the ongoing pandemic and make the much-needed economic rebound without delving into trade is wishful thinking. The main threat to U.S. prosperity in recent years has come not from trade itself, but from a gradual decline in the freedom to trade. The freedom to trade must be guarded and enhanced, and that should be the core of America’s trade policy agenda for 2021.

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