ECB’s Knot Says Trade War Could Export China Deflation to Europe
China may start selling its products to Europe at discounted rates if the US starts a trade war by imposing new tariffs, according to European Central Bank Governing Council member…
Trump tariffs could leave the U.S. as the relative winner among global economies, Ivy League professor says
In a New York Times op-ed on Friday, Eswar Prasad, senior professor of trade policy and professor of economics at Cornell University, pointed out that the U.S. is strong while…
US Treasury Says It Was Breached by Chinese-Backed Hacker
The US Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according to a letter the agency sent to Congress on Monday. Treasury described…
Why the U.S. Could Come Out Ahead in a Tariff War
The imposition of tariffs is likely to mean a stronger U.S. dollar, which will make American exports more expensive. That undercuts Mr. Trump’s goal of reducing the trade deficit, but…
How Tariffs Can Help America
Economists Have Drawn the Wrong Lessons From the Failures of the 1930s. Tariffs are neither a panacea nor necessarily injurious. Their effectiveness, like that of any economic policy intervention, depends…
How tariffs could be a blessing in disguise for American companies
All indications are that free trade has gone the way of the typewriter and the pay phone. What has long been a pillar of economic liberty and free-market capitalism has…
Trump is right on tariffs, here’s why
Taxes distort economies. For example, income taxes discourage productive work; gas taxes reduce travel; and tariffs inhibit international trade. Economists often oppose individual taxes, because they imagine an ideal economy…
Outdoor Industry Confronts ‘Scary’ Future of Higher Tariffs
OTTOLOCK, the Oregon-based brand has found a niche within the bike-lock marketplace with the Cinch Lock. This super-portable lock (which also made GearJunkie’s list of Best Bike Locks) represents the…
China bans export of critical minerals to the U.S. amid escalating trade tensions
The USGS study underscores the importance of building supply chain resilience through measures such as expanding stockpiles of critical minerals, investing in recovery of gallium and germanium from mine waste,…
Joe Biden Launches Major Trade Investigation Into China
A resilient and secure supply of foundational semiconductors is critical to U.S. national and economic security. These semiconductors are essential to key sectors of the U.S. economy, powering cars, medical…