Boasting the world’s biggest and strongest economy, the U.S. has enormous leverage when it sits down with a partner to negotiate a trade deal. Threats and tariffs are not really helping.
The trade deficit, and how much a country exports or imports, is only part of the story.
AP Photo/Reed Saxon
Americans seem to believe trade deficits are a bad thing, partly because of arguments suggesting they mean the US is ‘losing.’ An economist explains why that’s rubbish.
If the trade war with China escalates, siding with the US is going to cost, but Australia’s long-term national interests still lie with it.
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The president says he’s fighting his trade war because a generation of free trade has failed working-class Americans. An economist explains why tariffs will only make things worse.
The U.S. won’t be able to walk all over Putin with unilateral sanctions.
Reuters/Sergei Karpukhin
American policymakers and lawmakers are floating unilateral sanctions against Russia, Iran and even Turkey in an effort to change behavior. But research shows sanctions only work in narrow circumstances.
CEO Tim Cook built Apple’s vast supply chain, which stretches from China to Europe.
Reuters/John Gress
US tariffs could potentially benefit some EU firms that rely on steel and aluminium.
Prime Minister Justin Trudeau meets with U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C. in October 2017. Trump’s tariffs on Canadian aluminum and steel simply reflect a broader U.S. philosophy on international trade, and that doesn’t bode well for Canada.
THE CANADIAN PRESS/Sean Kilpatrick
The underlying problem with Donald Trump’s tariffs on steel and aluminum isn’t Trump. It’s the increasing willingness by the U.S. to impose its will on its neighbours amid rising economic nationalism.
South African President Cyril Ramaphosa and his team meeting international investors and business leaders in London.
GCIS/ Elmond Jiyane
Part of the purpose of trade deals is to prevent politicians from inserting politics into matters of commerce. Donald Trump is bucking that trend. What does it mean for Canada and NAFTA?
We benefit most when we focus on exporting the goods and services we are the most efficient at producing.
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