An economist explains why the US and Chinese governments are most likely to dig in their heels rather than find a compromise to end the costly trade conflict.
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Articles on Tariffs
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The US has raised its tariffs on Chinese imports, bring the two nations to the brink of a trade war.
Trump’s embrace of bilateralism in trade relations has pernicious long-term consequences, including ratcheting up the odds of violent conflict.
What is the Common Market 2.0 proposal, also known as Norway+ and what would it mean in practice?
The UK’s no-deal tariff plan was viewed in Dublin as a way to scare Brexiteers into supporting Theresa May’s deal.
A long tradition of casting blame abroad for economic woes.
Financial markets are increasingly worried the US economy is heading for a crash. An economist explains what’s got investors spooked.
We may be on the cusp of a full-blow trade war that could reconfigure globalisation.
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.
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.
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.
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 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.
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 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.
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.
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.
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.
Chinese investment in the US has never been high, but the ongoing trade war could dampen it further, with significant long-term repercussions.
Top contributors
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Associate Professor of Political Science, Georgia State University
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Associate Professor of Economics, University of South Carolina
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Distinguished Professor, Arthur J. Gosnell Professor of Economics, & Interim Head, Department of Sustainability, Rochester Institute of Technology
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Associate Professor of Political Science, Brock University
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Lecturer in History, University of Exeter
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Assistant Professor of Economics, University of California, Merced
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Associate Professor of Political Science, University of Arizona
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Consulting Economist; and Senior Research Fellow University of Johannesburg, University of Johannesburg
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Director, Agri-Food Analytics Lab, Professor in Food Distribution and Policy, Dalhousie University
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Associate Professor of Political Science, Brock University
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Associate Professor, Director of Research and member of Herbert Smith Freehills CIBEL Centre, Faculty of Law and Justice, UNSW Sydney, UNSW Sydney
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Professor of Economics, Colorado State University
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Associate Professor of Economics, Colorado State University
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Chair in Agricultural Marketing, Trade and Policy, The Ohio State University
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Associate Professor of Political Science, West Virginia University
