A trade deal with China could finally be here! It’s a good one, too, according to President Donald Trump, who said last week, “So, we just made what, I guess, is one of the biggest deals that’s been made in…
The U.S. trade deficit in goods and services increased to $54.9 billion in August, up from $54.0 billion in July. That’s because imports grew more than exports overall. While President Donald Trump will see this higher trade deficit as a…
There are many bad ideas flying around right now in Congress. The recent proposal by Sen. Tom Cotton, R-Ark., to give some taxpayers a rebate check funded with the tariff loot is one of those ideas. It’s not only bad…
A few days ago, more than 50 percent of the crude oil supply capability of the world’s largest oil exporter — also the top energy supplier of a certain major industrial nation — was attacked and taken offline. The likely…
On the campaign trail, candidate Donald Trump said that, if elected, “We’re going to win so much. You’re going to get tired of winning. You’re going to say, ‘Please Mr. President, I have a headache. Please, don’t win so much.’”…
While it has been commonly recognized that the theft of intellectual property (IP) by China is at the center of the trade war between the U.S. and China, one key fact is often ignored: China’s political economy is run by…
When it comes to trade policy, President Donald Trump and his adviser Peter Navarro provide endless examples of incoherent economic thinking. They regularly claim that X is true, and then in the next breath, they assert that not-X is also…
President Trump announced Thursday that a new 10-percent tariff would be imposed on an additional $300 billion worth of Chinese imports starting September 1. In a string of tweets, the president listed the continued sale of Fentanyl to the U.S….
The U.S.-based microchip manufacturer Advanced Micro Devices (AMD) managed to become a highly lucrative chip manufacturer in just three years. Previously, the firm was in a financial freefall and many feared its eventual demise. Yet, as the Wall Street Journal…