TOTM

From Buenos Aires to the World: Trading Away Distortions

The United States and Argentina signed a trade and investment liberalization agreement last week aimed squarely at market distortions. The pact would cut tariff and non-tariff barriers, while targeting entrenched Argentine government-sponsored anticompetitive practices.

The agreement offers a template for future Trump administration trade deals that focus on such distortions. More broadly, initiatives of this kind could boost growth across participating economies by removing artificial constraints on voluntary exchange.

Read the full piece here.