Calvin Coolidge was not quite the laissez-faire president he’s been made out to be, nor was he a servant of Big Business. The truth is somewhere in between.
Chinese President Xi came to the summit with serious economic and political challenges domestically. President Trump was in a stronger negotiation position. So what happened?
Tariffs can serve non-economic purposes. Although economically harmful, they can sometimes be used to gain political advantages that outweigh their economic costs.
Why the much-hyped deal between the United States and Mexico to avoid tariffs and crack down on Central American migrants is mostly window-dressing.
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.
Ben Domenech and Riley Walters discuss the U.S. relationship with China as both an economic and national security threat.
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.
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.
Free trade supporters will be disappointed in clauses such as the minimum wage requirement and recognition of bargaining rights. But such clauses appeal to union voters, who like Trump.
Many of the items set to be taxed are craft supplies — like yarn and fleece — that are purchased from China and sold in U.S. stores.
In the small border city of Laredo, Texas, the entire world shows up every day, determined to get into the United States.
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.
Donald Trump is now ‘picking winners and losers’ by bailing out industries that are suffering the consequences of policies that he claims have no losers.
Trump’s trade war could hurt the ‘forgotten’ Americans — the very people he promised would be newly empowered by his presidency.
It seems almost embarrassing to have to rehearse the case for free trade, but Donald Trump is determined to make us learn it all over again, the hard way.
I support nearly unlimited trade, no matter what other nations do. It’s mostly because I love America.
Given both the negative economic effects and political risks, President Trump’s latest trade war with allies seems a miscalculated move, a fight he shouldn’t have picked.
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