The vast majority of people around the world do not want war, whether hot or cold. What we need is global cooperation. Humanity faces serious existential threats, including climate change, pandemics, antimicrobial resistance, and the possibility of nuclear war. To face up to these threats, we ...
Because they do not want to see the government putting large resources into "re industrialization", and do not want the manufacturing industry to weaken the strong position of the US financial consortium. Now that we can not move to Trump, we must restrict the president's power. Now, that'...
Beijing may also impose retaliatory measures. Nonetheless, the EU argues that the intervention is essential. Why is the EU imposing the new tariffs? The charges are an attempt to protect the EU auto industry. Beijing has been accused of creating unfair competition through “illegal subsidisation...
As he prepares to take office, President-elect Donald Trump seems to have one thing on his mind: .“We’ll impose new tariffs so that the products in our stores will once again be stamped with those beautiful words, ‘Made in the USA,’” Trump said at a Mar-a-Lago news conference ...
What is currency depreciation? Why does China do it, and why will it help them undermine tariffs? How do foreign exchange rates affect the economy? If we are importing goods that we can produce domestically, is that necessarily a bad thing for our economy? Explain. ...
True, China’s economy is slowing dramatically, and Xi is relying partly on exports to revive it. Xi’s economic mismanagement has led to mounting debt, declining foreign investment and capital flight. Thus Trump’s threats to impose new 60 percent tariffs could hurt China badly. ...
The sharply higher tariffs that Trump has vowed to impose couldworsen inflation. And if tax cuts on things like tips and overtime pay — another Trump promise — quickened economic growth, that, too, could fan inflationary pressures. The Fed would likely respond by slowing or stopping its rate...
President Donald Trump issending signalsthat the U.S. may impose more tariffs on China as he heads to the G-20 meeting in Argentina this week. That has analysts, companies and consumers paying close attention to just how much, where and when the new levies may kick in.Mr. Trump isset ...
In the next 15 days, US Trade Representative Robert Lighthizer will publish a list of products that his team intends to hit with tariffs. It's not clear how high the individual tariffs will be. The United States also plans to impose new investment restrictions and take action against China ...
This system, known asmercantilism, relied heavily on tariffs and even outright bans on trade. The colonizing country, which saw itself as competing with other colonizers, would import raw materials from its colonies, which were generally barred from selling their raw materials elsewhere. The colonizi...