It’s meant to stop what’s known as ‘carbon leakage’ – when production moves elsewhere to avoid climate policies – but the solution has economic, legal and environmental consequences.
South Africa is already an established player in global fruit exports, especially citrus. But it has failed to take full advantage of the rise in demand for other fruits.
Exporting nuclear technology is lucrative, but without strict safeguards, buyers could divert it into bomb programs. Why is Saudi Arabia shopping for nuclear power, and should the US provide it?
In a global economy, passing laws to conserve forests, fisheries or other natural resources can simply shift demand for those goods to other countries or regions where they aren’t as well protected.
Millions of American flags come from China. Yet despite being symbols of patriotism, they’re not among the products subject to new tariffs imposed by the Trump administration.
Trump claimed that ‘we would be punishing ourselves’ by using US arms sales to Saudi Arabia as a bargaining chip over the disappearance of Khashoggi. A look at the arms trade shows why he’s wrong.