Articles on Trade wars

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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

What’s at stake in the tariff negotiations between the US and China

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.
In this November 2017 photo, U.S. President Donald Trump, left, and Chinese President Xi Jinping prepare to shake their hands after a joint news conference at the Great Hall of the People in Beijing. The China-U.S. trade conflict is about far more than trade; it’s about American efforts to change how China deals with the world. (AP Photo/Andy Wong)

The China-U.S. conflict is about much more than trade

The recent U.S. trade mission to China failed, allowing no space for future compromise. What follows will likely be much more than a simple trade war.
In this November 2017 photo, U.S. President Donald Trump talks to Chinese President Xi Jinping during a welcome ceremony at the Great Hall of the People in Beijing. The brewing China-U.S. trade conflict features two leaders who have expressed friendship but are equally determined to pursue their nation’s interests. (AP Photo/Andy Wong)

Why China should have chosen honesty in its U.S. trade war

“Honesty is the best policy” is hardly a hallmark of the Trump régime, so China would have been smart to pursue a more honest, less manipulative path in its simmering trade war with the U.S.
There were interesting developments in the tit-for-tat tariff announcements between the US and China this week. Roman Pilipey/EPA/AAP

Vital Signs: the world economy can benefit from a vindicated Trump

Chinese President Xi Jinping spoke of plans to further open up the Chinese economy this week - and the world economy should hope US president Trump feels vindicated by this.
A farmer harvest his soybean field in Loami, Ill. AP Photo/Seth Perlman

Why China’s soybean tariffs matter

There's a good reason China took aim at US soybean exports when it announced its latest list of retaliatory tariffs.
Foreign goods wait to be unloaded at the Port of Los Angeles. AP Photo/Nick Ut

What is a tariff? An economist explains

A global trade war seems well underway as China and the US exchange targeted tariff attacks. An economist explains what they are, how they work and why they matter.
A welder fabricates a steel structure at an iron works facility in Ottawa on March 5, 2018. U.S.President Donald Trump’s stated intention to impose new tariffs on steel and aluminum imports could start a trade war. THE CANADIAN PRESS/Sean Kilpatrick

Canada can’t win a trade war with the United States

Ottawa seems utterly unprepared for a trade war with the United States. The recent federal budget upholding equity values is noble, but won't mean a thing if the government runs out of cash.

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