The Trump administration recently imposed tariffs of up to 25 percent on foreign steel and aluminum – including from the EU, Canada and Mexico, the three biggest markets for American goods.
From a public relations perspective, the Canadian government's retaliatory tariffs against the U.S. are a win. But the tariffs on everything from mayo to orange juice will hurt Canadian consumers.
In the second article in the Oxford-style debate series “The impact reflected by Trump is here to stay”, Prince C. Oguguo argues that Donald Trump’s impact will outlive his presidency.
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.
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 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.
South Africa's relations with the US could sour under President Trump.
Unfair competition law offers a more effective, targeted strategy to persuade China to play by the rules.
The administration embraces mercantilism, an ideology with few adherents.
Brexit Britain should be especially concerned.
Chinese exports to the US grew rapidly during the quarter, but it could be a very different picture next time around.
“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.
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.
To really show its pro-trade colours, Australia's government should stop flirting with Trump's new anti-trade wave.
To be realistic, the US-China trade war gives Australia the unprecedented chance to expand its economic footprint.
The Reserve Bank is clinging to sunny GDP forecasts, but stubbornly low inflation and low wage growth mean even these look weak.
There's a good reason China took aim at US soybean exports when it announced its latest list of retaliatory tariffs.
The $60 billion in tariffs targeting China not only risks sparking a trade war, they represent a rejection of the WTO's much more effective way of dealing with unfair trade practices.
China established a system of approving foreign investments on condition the businesses involved agreed to partner with local firms and transfer knowledge and skills to the local Chinese market.
Even though Australia sides with the US on more areas of policy, it should be careful about being dragged into the back-and-forth of sanctions between the US and China.