Articles on Trade wars

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The components of an iPhone add up to a different cost than the phone itself. Poravute Siriphiroon/Shutterstock.com

The guts of an Apple iPhone show exactly what Trump gets wrong about trade

Trump believes the money Americans spend on Chinese imports like the iPhone goes straight into China's pockets. In reality, China gets very little value from it.
Economists and Wall Street workers fear a recession is underway. Reuters/Brendan McDermid

Could a recession be just around the corner?

Financial markets are increasingly worried the US economy is heading for a crash. An economist explains what's got investors spooked.

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