As the US prepares to replace NAFTA, a labor scholar who was critical of Perot but shared concerns about the deal revisits the claim that helped him become the most successful third-party candidate since Teddy Roosevelt.
Stephen J. Silvia, American University School of International Service
A quarter-century ago, more than 100 nations agreed to engage in freer trade with one another and signed the declaration that established the World Trade Organization.
Despite agreeing to a ceasefire, the two sides offered differing depictions of their trade war truce that show a lasting peace may still be out of reach.
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.
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.
Who are the winners and losers in the new USMCA? It’s complicated, but one thing’s for certain: Canada should never again allow itself to be overly dependent upon one trading partner.
The US and China once again exchanged fire in their escalating trade war. Tariffs have been the main source of ammunition thus far, but China has other weapons it could begin to deploy.
The president again threatened to drop out of the World Trade Organization if it doesn’t ‘shape up.’ But a careful review of case filings show the US isn’t treated any differently than its other members.