Tariffs can serve non-economic purposes. Although economically harmful, they can sometimes be used to gain political advantages that outweigh their economic costs.
Beijing has major risks to bear, too, if the trade squabble drags on for too long. Here’s why it would be in Xi’s best interest to reconcile with Trump.
China may well have been willing to give foreign companies wider access to its markets, but not to the extent of having those concessions codified into law.
In 2019, Sino-U.S. relations will be defined by the trade war, potential reunification with Taiwan, and the escalation of the new space race.
Cooler heads have to prevail to ensure Meng Wanzhou’s arrest doesn’t become a catalyst that worsens the trade war.
President Trump and President Xi are working to resolve potential tariff hikes. This doesn’t change the degree to which the U.S. feels threatened by a rising China.
We understand it would be wrong to let politicians interfere with our freedom to trade with our local grocery store. The same argument applies when looking at international trade.
China may be able to absorb the latest round of tariffs by turning goods destined for export around for internal consumption.
Until the UPU delivers fairer rates for American businesses, they will be stuck with an outrageous arrangement keeping their prices artificially high.
Jean-Claude Juncker reportedly told Donald Trump, ‘If you want to be stupid, I can be stupid, as well.’ This is a perfect summary of a trade war.
Both President Trump and Chinese President Xi strive to make their own country great again. The world is wondering: who will get most of what he wants and who will cave?
China is not putting so much economic and political capital behind the One Belt and One Road initiative as an altruistic act.
Over the past several months I’ve met Americans worried about the state of Navy, surprised at the degree to which sea power impacts U.S. prosperity, and nervous about foreign aggression.
The U.S. corporate income tax system is awful and needs to be reformed, but it does not subsidize foreign imports or justify a border-adjusted tax.
By backing away from a border adjustment, Republicans are making a major mistake. This policy will help narrow the trade deficit and fund a tax cut for all domestic businesses.
Looking out on a valley in the Schwarzwald surrounded by posh European men with pants tight enough to ensure they could never procreate, my mind embraced Donald Trump.
Donald Trump’s praise for Vladimir Putin raises the prospect that he will try to promote American interests in the same disastrous way Putin has for Russia.
My hometown of Hickory, North Carolina is actually a great example of the American economy’s resilience—not despite trade, but in concert with it.
Hillary Clinton is more conservative than Donald Trump. Yes, really.
Few Republicans pushed back against Donald Trump’s litany of absurdities regarding international trade. Democrats were no better.
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