The trade war has high costs for both the U.S and China.
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.
Resolution of the US-China trade dispute will requite the intervention of the two countries’ leaders, Xi Jinping and Donald Trump.
The US has raised its tariffs on Chinese imports, bring the two nations to the brink of a trade war.
Who will blink first?
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?
Views on the border: Arlene Foster from Northern Ireland’s DUP meets Irish premier Leo Varadkar at a reception in Washington.
Brian Lawless/PA Wire
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.
Economists and Wall Street workers fear a recession is underway.
Financial markets are increasingly worried the US economy is heading for a crash. An economist explains what’s got investors spooked.
Lightspring / Shutterstock
We may be on the cusp of a full-blow trade war that could reconfigure globalisation.
Trump had a full hand, but he may have squandered it.
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.
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.