free trade

President Donald Trump recently announced plans to sign an executive order that will peg the price of medical drugs to that of the country with the lowest price in the world.  In a Truth Social post, President Trump explained that his initiative would cut medical drug prices by 30% to 80%. The US has a […]

US Representative Shelia Cheriflus McCormick (D-FL) has filed a bill to fortify the African Continental Free Trade Area (AfCTA) created in 2018 by the African Union. The AfCTA agreement was signed by nearly all African countries and aims to remove trade barriers between African states. Together, the signatories’ economies amount to US $3.4 trillion in […]

US Representative Maria Elvira-Salazar (R-Fl) has filed a bill to establish free trade between the US and Uruguay and streamline bureaucratic travel regulations between the two countries.  Representative Salazar’s Uruguay Economic Partnership Act would add Uruguay to the Caribbean Basin Economic Recovery Act (CBERA). CBERA, initially codified in 1983, was created to provide certain Caribbean […]

With the Leftist Honduran government set to convene on January 25, and expected to vote in favor of repealing the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR), more American lawmakers are threatening consequences against that country's expected move to hurt American economic interests. After President Xiomara Castro's administration threatened to expropriate U.S. investment in […]

The Chinese-Russian “Iron Curtain” continues to rise in the Western Hemisphere, and while Brazil, Argentina, and now Colombia, have all fallen to Socialist governance, Central American nations like Honduras may soon find themselves with a socio-economic and humanitarian crisis that has befallen on Venezuela. Honduras’ current President Xiomara Castro presides over a Leftist government that […]