Trade

Issues ››› Trade
  • An Extensive Guide To The Fact Checks, Debunks, And Criticisms Of Trump’s Various Problematic Policy Proposals

    ››› ››› TYLER CHERRY & JARED HOLT

    Over the course of the 2016 presidential primary, presumptive Republican presidential nominee Donald Trump has laid forth a series of problematic policy proposals and statements -- ranging from his plan to ban Muslims from entering the United States to his suggestion that the United States default on debt -- that media have warned to be “dangerous,” “fact-free,” “unconstitutional,” “contradictory,” “racist,” and “xenophobic.” Media Matters compiled an extensive list of Trump’s widely panned policy plans thus far along with the debunks and criticism from media figures, experts and fact-checkers that go along with them.

  • Media Slam Trump’s “Insane” Plan To Default On U.S. Debt

    Analysts Explain That Real Estate Gimmicks Don’t Work For The American Economy

    ››› ››› CRAIG HARRINGTON & ALEX MORASH

    During a lengthy phone interview with CNBC, presumptive Republican nominee Donald Trump outlined a plan to partially default on the United States’ outstanding sovereign debt obligations in hopes of eventually negotiating lower rates of repayment. The tactic is common in the types of commercial real estate dealings Trump is familiar with, but journalists and financial analysts stressed that employing such a strategy with American debt would undermine global financial stability and potentially drive the American economy into a deep recession.

  • As Trans-Pacific Partnership Debate Rages, Broadcast Evening News Stays Silent

    Media Largely Ignore Negotiations Of Sweeping Free Trade Deal

    Blog ››› ››› CRAIG HARRINGTON

    Broadcast nightly news programs have remained silent on the Trans-Pacific Partnership (TPP) over the past three months of weekday programming, even as Congress is scheduled to vote this week on whether to grant President Obama authority to finalize the terms of the massive trade deal. The coverage blackout continues a trend extending back to 2013.

    On May 12, the Senate plans to vote on legislation that would grant "fast-track" trade promotion authority to Obama as he attempts to complete negotiations among the 12 member nations that comprise the TPP. "Once Congress grants a president trade promotion authority, lawmakers have the ability to vote up or down on a final trade agreement, but they forfeit the right to amend the deal or filibuster it," The New York Times explained.

    Debates over the merits of the deal itself and of granting the president trade promotion authority have erupted among Democratic and Republican members of Congress, but coverage of the negotiations has been largely absent from evening news programming on the major broadcast networks.

    A Media Matters analysis of ABC's World News Tonight, CBS Evening News, and NBC's Nightly News from August 1, 2013, through May 10, 2015, found that the programs completely ignored the trade negotiations and related policy debates. Only PBS NewsHour devoted substantive coverage to the TPP, with 14 total segments:

    PBS NewsHour Is Completely Alone Covering The Trans-Pacific Partnership

    Coverage of the TPP among major cable outlets has been similarly one-sided. Since August 1, 2013, MSNBC has mentioned the Trans-Pacific Partnership in 124 evening and primetime segments, the overwhelming majority of which (103) came during The Ed Show. Fox News trails far behind with just 12 mentions of the TPP over that time period, 10 of which have come since February 1, 2015. CNN has been almost completely absent from the discussion, registering only 2 mentions of the trade negotiations:

    If Not For MSNBC, Cable Viewers Would Know Little About TPP

    Previous research, including Media Matters' methodology, on the lack of media attention for Trans-Pacific Partnership negotiations dating to August 2013 can be found here, and here.

  • STUDY: TV News Shows Largely Ignore Historic Trade Negotiations

    Trans-Pacific Partnership Barely Noticed By Weeknight News Over The Past 18 Months

    ››› ››› BRIAN POWELL & CRAIG HARRINGTON

    Weeknight television news programs have given little attention to the Trans-Pacific Partnership (TPP), a sweeping trade agreement between the United States, Canada, and 10 nations from the Asia-Pacific region. Although the nations involved in the negotiations create a huge amount of economic activity, only PBS and MSNBC have devoted any significant coverage to the TPP since August 2013.

  • Fox's O'Reilly Calls For Boycott Of Mexico: Will It Be As Ineffective As His Boycott Of France?

    Blog ››› ››› TERRY KREPEL

    Fox News host Bill O'Reilly is calling for his viewers to boycott Mexico, though his four-year boycott of France during the Iraq War was a failure despite his false and conflicting claims to the contrary.
     
    On the June 18 edition of The O'Reilly Factor, O'Reilly declared that Mexico "is not our friend" and that Americans "should stop going there" because the country is allegedly allowing human trafficking into the United States and because the Mexican president is "giving us the middle finger" over the case of a U.S. Marine jailed in Mexico for allegedly inadvertently crossing the border. O'Reilly urged viewers to boycott the country, telling them, "Let's stop rewarding Mexico until they stop hurting us."

    O'Reilly previously threatened a boycott of Mexico in 2006 over its promise to sue the United States if evidence emerged that the National Guard had directly helped to detain Mexican citizens trying to illegally enter the United States. But O'Reilly's longest-lasting boycott was against France for opposing the Iraq War; he began his boycott in March 2003 and lifted it in May 2007 after the election of Nicolas Sarkozy as French president.

    During the boycott period, O'Reilly made numerous claims about its purported success that proved to be either conflicting or completely wrong:

    • On the April 27, 2004, edition of The O'Reilly Factor, O'Reilly claimed that the Paris Business Review had documented the success of O'Reilly's boycott against France for not sufficiently supporting the United States in its fight against terrorism and in Iraq. O'Reilly said, "They've lost billions of dollars in France according to the Paris Business Review." A Media Matters search at the time found no evidence of the existence of a publication called the Paris Business Review.
    • On the July 14, 2004, edition of The O'Reilly Factor, O'Reilly stated: "French exports to the USA have fallen by more than a billion dollars from 2001 to 2003." But that decline was unrelated to O'Reilly's purported boycott, which he called for in March 2003. The decline in those years actually occurred between 2001 and 2002. It was a decline of $2.2 billion; French exports in 2003 actually increased $979 million from the previous year. In fact, French exports to the U.S. increased every year during the duration of O'Reilly's boycott.
    • O'Reilly also made numerous conflicting claims about the effects of his boycott on the French economy. For instance, on the October 24, 2005, broadcast of his radio show, O'Reilly declared that his boycott effort has "hurt the French economy, not to a tremendous extent, but to an annoying extent. To the extent that they sent the French ambassador to New York to try to talk me out of it." Previously, O'Reilly had variously claimed that the boycott effort had caused France to lose "billions of dollars," "more than a billion dollars," and "$138 million."
  • STUDY: Media Leave Viewers In The Dark About Trans-Pacific Partnership

    ››› ››› BRIAN POWELL & CRAIG HARRINGTON

    Congress is debating whether to give the president the authority to fast-track a massive free trade agreement -- the Trans-Pacific Partnership -- between the U.S., Canada, and 10 nations from the Asia-Pacific region. The nations involved in the talks account for nearly 40 percent of the world's GDP and 26 percent of the world's trade, but weekday evening television news broadcasts have largely ignored the topic.

  • Myths And Facts About Solar Energy

    ››› ››› SHAUNA THEEL

    Conservative media have denigrated solar energy by denying its sustainability, ignoring its successes, and arguing the U.S. should simply cede the solar market to China. Yet this booming industry has made great strides, and with the right policies can become a major source of our power.

  • The "Some People" Who Criticized Romney On China? Sen. Marco Rubio

    Blog ››› ››› SIMON MALOY

    At tonight's presidential debate, moderator Bob Schieffer asked Mitt Romney about his statement that he would declare China a currency manipulator his first day in office: "If you declare them a currency manipulator on day one, some people are saying you're just going to start a trade war with China on day one. Is that -- isn't there a risk that that could happen?" It's curious that Schieffer characterized this criticism as coming from "some people" when it was made directly to Schieffer himself yesterday morning by none other than Sen. Marco Rubio (R-FL), one of Romney's chief surrogates.

    Appearing on CBS' Face The Nation Sunday, Rubio told Schieffer regarding labeling China a currency manipulator: "A trade war is not the right way to approach it and I think that if you label them a currency manipulator, that's what it may result in, it would hurt American businesses."

    Again, Rubio is a top Romney campaign surrogate and an important Republican voice on Capitol Hill. Seems like Schieffer should have mentioned the source of that China criticism.

  • Chicago Tribune's Steve Chapman Defends Bribery And Corporate Corruption

    Blog ››› ››› BRIAN POWELL

    "Economic growth is a good thing, even when it's lubricated by graft."

    So argued Chicago Tribune columnist Steve Chapman, dismissing concerns about corporate bribery raised amid reports that Wal-Mart officials have covered up evidence tying the company to bribery in Mexico. Chapman's Sunday column defended Wal-Mart, whose largest subsidiary (Wal-Mart de Mexico), is under investigation by the Justice Department (DOJ). The New York Times reported:

    In September 2005, a senior Wal-Mart lawyer received an alarming e-mail from a former executive at the company's largest foreign subsidiary, Wal-Mart de Mexico. In the e-mail and follow-up conversations, the former executive described how Wal-Mart de Mexico had orchestrated a campaign of bribery to win market dominance. In its rush to build stores, he said, the company had paid bribes to obtain permits in virtually every corner of the country.

    The allegations of illicit payments put Wal-Mart under the jurisdiction of DOJ, which is investigating potential violations of the Foreign Corrupt Practices Act of 1977, a law that has been described as an "anti-bribery, anti-corruption measure enacted...to prohibit American companies from paying off foreign officials and to create an international example for ethical business practices."

    The law has been in effect for 35 years, but Chapman questioned the wisdom of using U.S. law to govern corporate behavior overseas:

    The question is why it's the duty of the U.S. government to dictate business practices in nations with very different business climates. You would think the Justice Department has plenty to do enforcing American laws on American soil without trying to sanitize the rest of the world.

    Our idea of appropriate business practices ought to prevail in America, but less developed countries are entitled to do things their own way. If Mexico doesn't police bribery and can't change its economic culture, why should Uncle Sam take on the job? [...]

    By deterring American companies from investing in such places, we deprive their citizens of goods and jobs that would improve their lives.

    When extortionate officials block Wal-Mart from opening stores in Mexico, ordinary Mexicans suffer. Economic growth is a good thing, even when it's lubricated by graft.