Free trade flaws fueled Trump’s rise in 2016 — and the problems remain, top economist says
Decades of trade deficits and a strong dollar created too many “losers” in the U.S. economy who turned to Donald Trump’s protectionist policies, according to Richard Koo, chief economist at…
US, EU economic system struggling to ‘survive’ against China, US trade chief warns
In a briefing in Brussels just hours before the two-day EU-US Trade and Technology Council (TTC) got underway in nearby Leuven, US trade representative Katherine Tai said that Beijing’s “non-market”…
Gas, Eggs, And Airline Tickets Rose Over 30% During Inflation Spike. Tariffs Had Nothing To Do With It.
“The dirty little secret of international trade economics is that moderate tariff rates” don’t have huge price effects, Krugman said on Bloomberg Television’s Wall Street Week with David Westin before…
More than half of voters support slapping 10 percent tariffs on all imports
A majority of voters say they support slapping a 10 percent tariff on all imports, according to an exclusive new poll, in a boost to President Donald Trump’s plan for…
Yellen Warns China’s Industry Ramp-Up Is Distorting World Economy
Speaking to reporters after the event, Yellen declined to say whether the Biden administration was prepared to threaten Beijing with retaliatory trade actions if China doesn’t reduce its subsidies. “It’s…
More Americans trust Trump on trade than Biden, but split on China: Survey
More Americans trust former President Trump’s approach to trade than President Biden’s but are split on their approach to tariffs on China, according to a new survey. The YouGov poll, released…
Sorry, Democrats (and Free Trade Republicans): Trump’s Tariffs Worked | Opinion
For those who roam within credentialed economic circles and discuss markets with hedge fund managers at the Harvard Club, tariffs are sacrilegious. Speak kindly of them and you’re a free…
US lawmakers ask Biden administration to increase tariffs on Chinese-made drones
A bipartisan group of U.S. lawmakers on Wednesday asked the Biden administration to impose higher tariffs on Chinese drones, including those shipped from other countries and new incentives to boost…
20 Countries With the Highest Tariffs
Note: The U.S. isn’t one of them. Most are emerging markets and developing countries, which have experienced significant trade growth. In 2020, the global merchandise trade in developing economies soared…
Trump threatens 100% tariffs on Mexican-made cars by China companies
“Those big monster car manufacturing plants you are building in Mexico right now and you think you are going to get that — not hire Americans and you’re going to…