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.
Man the lifeboats!
Miriam Doerr Martin Fromherz
The new coalition’s spending plans will ramp up Italy’s annual budget by over €100 billion a year.
Whether or not China and the US are successful in negotiating out of a trade war and restoring the integrated global economy, there will still be strategic tensions between the nations.
THOMAS PETER / AAP
We modelled a number of scenarios showing all increases in US or Chinese trade protection would cause international trade, and the global economy more generally, to shrink.
Shipping containers are loaded onto a ship at the Port of Long Beach in California.
Reuters/Bob Riha Jr.
The Trump administration wants China to cut its trade deficit with the US by more than half. An economist explains why that’s not going to happen.
The White House frets about how the U.S. imports more stuff than it exports.
AP Photo/Ben Margot
The administration embraces mercantilism, an ideology with few adherents.
Donald Trump has announced import tariffs on steel and aluminium.
Trump’s tariffs will have only a small impact on the Australian economy, as Australia isn’t a large exporter of steel or aluminium.
Smaller companies are failing to move quickly into overseas sales. It may be time for government to put its money where its mouth is.
A lot is riding on the first head-to-head meeting between Trump and Xi.
Nothing less than the fate of the global economy lies in the balance as the two strong-willed leaders sit down for their first one-on-one meeting.
US President Donald Trump argues manufacturing jobs are being lost to imports and multilateral trade agreements.
A border adjustment tax would raise government revenue and boost jobs in export-driven industries, which tend to concentrate in the embattled manufacturing sector.
There may be trouble ahead.
US accusations of German currency manipulation do not appear to be motivated by economics.
Donald Trump’s thumbs up for Taiwan is a sign of things to come.
EPA/Ritchie B. Tongo
Donald Trump looks like he’s gearing up for a trade war with China that has been years in the making.
London’s trading strength has evolved from dockyard cranes to high finance.
Rubén Moreno Montolíu/Flickr
As the budget deficit fades from political view, anxiety shifts to the much wider current account deficit. It may signal UK dynamism, but neither financing nor closing it look easy after Brexit.
Indian Finance Minister P. Chidambaram is facing high inflation, an annual trade deficit of US$200 billion and a falling rupee.
The Indian economy is in trouble. The anticipated tapering of the US Federal Reserve’s aggressively expansionary quantitative easing program has seen a drying up of capital inflow into a country with a…