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Articles on Free trade

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Heinz is why ketchup seemed to become distinctly American. Reuters/Mike Blake

A brief history of ketchup

Canada recently slapped a tariff on US exports of the tomato-based condiment, and the EU plans to do the same, perhaps on the notion that it’s distinctly American. In fact, ketchup’s origins are global, as are its fans.
CEO Tim Cook built Apple’s vast supply chain, which stretches from China to Europe. Reuters/John Gress

We estimate China only makes $8.46 from an iPhone – and that’s why Trump’s trade war is futile

The president launched a trade war largely on the premise of a massive trade deficit with China. A closer look at the iPhone shows why he’s wrong.
A biker rides his Harley-Davidson during a parade in Germany. Reuters/Fabian Bimmer

Why it doesn’t matter if a Harley is ‘made in America’

The motorcycle maker angered Trump after it said it plans to move some production overseas to avoid EU tariffs – just a few months after the president praised the company for being a ‘true American icon.’
Trump has long talked about halting U.S. participation in the WTO. Reuters/Denis Balibouse

What is the WTO?

Trump has often talked about leaving the World Trade Organization. An economist explains what it is and what would happen if the president had his way.
Is there still room for the U.S.? AP Photo/Esteban Felix

What is the TPP and can the US get back in?

Trump, who withdrew the US from the Trans-Pacific Partnership when he became president, briefly appeared to consider joining the trade accord again.
More Chinese wines are finding their way into the liquor aisle. AP Photo/Elizabeth Dalziel

How China’s winemakers succeeded (without stealing)

As the US celebrates Wine Day, China’s young winemakers are a reminder of the power and value of cameraderie and cooperation in this age-old industry.
Bill Shorten announced this week that a Labor government would triple penalties for dumping cheap overseas products in the Australian market. Tony McDonough/AAP

Shorten’s plan to triple anti-dumping penalties misunderstands the law

Bill Shorten has proposed tripling penalties for dumping cheap overseas products like steel into the Australian market. But this proposal suggests a failure to understand dumping and its regulation.
A farmer harvest his soybean field in Loami, Ill. AP Photo/Seth Perlman

Why China’s soybean tariffs matter

There’s a good reason China took aim at US soybean exports when it announced its latest list of retaliatory tariffs.
Foreign goods wait to be unloaded at the Port of Los Angeles. AP Photo/Nick Ut

What is a tariff? An economist explains

A global trade war seems well underway as China and the US exchange targeted tariff attacks. An economist explains what they are, how they work and why they matter.

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