China represents one of the biggest consumer markets in the world. Can that potential profit offset the problems of investing for multinational corporations? Apparently, yes.
French wines for sale at a Los Angeles supermarket on August 18, 2019.
Mark Ralston/AFP
French wine is the subject of an ongoing trade dispute between the US and EU, but tariffs could have impacts not intended by US president Donald Trump.
The components of an iPhone add up to a different cost than the phone itself.
Poravute Siriphiroon/Shutterstock.com
Trump believes the money Americans spend on Chinese imports like the iPhone goes straight into China’s pockets. In reality, China gets very little value from it.
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.
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.
There’s a chill in the air these days.
AP Photo/Andy Wong
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.
Instead of fighting other countries, we should be fighting our overflowing landfills.
Huguette Roe/shutterstock.com
It’s been 10 years since the U.S. signed into law a scheme to print money, essentially, and save the financial sector amid the sub-prime mortgage meltdown. Did it work? And who’s truly benefitted?
So far, he has not given any hints that his team is hatching a parallel set of economic policies that will benefit all Americans, let alone the world economy.
U.S. President Donald Trump, seen here in a February 2018 photo, has a beef with trade deficits. Yet running trade deficits with Asian countries has long spurred American spending and consumption.
(AP Photo/Evan Vucci)