A surprising number of American flags are made in China.
Millions of American flags come from China. Yet despite being symbols of patriotism, they're not among the products subject to new tariffs imposed by the Trump administration.
Prime Minister Justin Trudeau and Minister of Foreign Affairs Chrystia Freeland hold a news conference on the United States Mexico Canada Agreement (USMCA) in Ottawa on Oct. 1, 2018. THE CANADIAN PRESS/Justin Tang.
THE CANADIAN PRESS/Justin Tang
The USMCA, while imperfect, is overall a positive development for Canada. It has a number of structural elements that may very well leave us stronger when negotiating trade pacts in the future.
Prime Minister Justin Trudeau and Minister of Foreign Affairs Chrystia Freeland arrive to hold a news conference on the United States Mexico Canada Agreement (USMCA) in Ottawa on Oct. 1, 2018.
THE CANADIAN PRESS/Sean Kilpatrick
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.
Prime Minister Justin Trudeau gives a thumbs up as he arrives on Parliament Hill the morning after an agreement was reached on a new trade deal with Mexico and the U.S.
THE CANADIAN PRESS/Justin Tang
The relief that the U.S. didn’t make things even worse for Canada in the new NAFTA should be tempered by the realization that the moment of reckoning hasn’t passed; it’s only been postponed.
Brexiters are arguing for Theresa May to abandon her Chequers deal and push for a Canada-style trade agreement with the EU.
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.
A cargo ship owned by Yang Ming departs New York harbor on April 9, 2018.
The economic theory of comparative cost advantage is more akin to natural law -- it can’t be wished away. And during the ongoing trade war ignited by Donald Trump, it has never been more relevant.
Tariffs may help certain industries, but their broader impact on middle- and lower-income consumers is generally harmful.
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.
Farmer Michael Petefish walks through one of his soybean fields in southern Minnesota.
AP Photo/Jim Mone
The Trump administration's promise of $12 billion in aid to offset losses from retaliatory tariffs will not make up for the long-term consequences of a prolonged trade war.
Heinz is why ketchup seemed to become distinctly American.
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.
The U.S. is the biggest destination for Chinese foreign investment.
Jason Lee/Pool Photo via AP
Chinese investment in the US has never been high, but the ongoing trade war could dampen it further, with significant long-term repercussions.
Kentucky bourbon is among the products targeted with retaliatory tariffs by the EU.
AP Photo/Jeff Chiu
Trump has started a trade war with China and much of the world. Here's what you need to know.
While the US gets protectionist, China is working to establish itself as a leader in global trade rules.
CEO Tim Cook built Apple’s vast supply chain, which stretches from China to Europe.
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.
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.'
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)
Donald Trump's obsession with trade deficits, and his subsequent wielding of the tariff big guns, is the absolute wrong approach for the U.S. economy.
A jumble of steel scrap.
If the US were to stop dumping these valuable metals in landfills and to cease exporting them as cheap scrap, its imports could fall, and there would be less of these metals being made from scratch.
Heads of state attended the G7 summit in La Malbaie, Quebec, on June 9, 2018. Top row: European Council president Donald Tusk, UN Secretary-General António Guterres, International Monetary Fund Managing Director Christine Lagarde. Bottom row: Seychelles President Danny Faure, French President Emmanuel Macron and German Chancellor Angela Merkel. US president Donald Trump’s recent protectionist moves were at the top of the agenda.
After the G7 fiasco, it's clear that a trade war is in the making. US justifications of "national security concerns" for its tariffs suggest a legitimate target for EU countermeasures: coal.
Trump against the world?
Jesco Denzel/German Federal Government via AP
International trade policy requires three traits to be successful and lead to mutual prosperity. Trump's is missing all three, as he showed at the G-7 summit.
Seven world leaders with axes to grind are preparing to sit round one table. Sparks will fly.