CATO INSTITUTE: Schumer Vs. Reid on Trade Policy

By K. WILLIAM WATSON | 3/27/15 2:51PM | Source: CATO INSTITUTE  Schumer Vs. Reid on Trade Policy Senate Democratic Leader Harry Reid (NV) has announced that he will not seek reelection in 2016, and his most likely successor is Chuck Schumer (D-NY). No doubt a lot will be said by journalists and commentators about what this transition means for policy and politics. If you want to get an idea of what that change might mean for U.S. trade policy in the long run, you should take a look at Cato’s congressional trade votes database—Free Trade, Free Markets: Rating the Congress. Throughout his career, Reid has been a staunch opponent of trade liberalization. He has voted in favor of market-distorting subsidies and tariffs at almost every opportunity: To read the full article, please click here.