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 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.
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.
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.
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.