So far, the big trade war loser is China, not the US
Excerpt: “The dirty secret of globalization-driven cheap-labor offshoring is that it has boosted profits by much more than it has lowered consumer prices. The claim
Excerpt: “The dirty secret of globalization-driven cheap-labor offshoring is that it has boosted profits by much more than it has lowered consumer prices. The claim
Excerpt: “Jinhua poses a significant risk of becoming involved in activities that are contrary to the national security interests of the United States,” the Commerce
Editor’s note: This news is very big. It brings the dollar overvaluation issue closer to the fore. The wrongheaded “strong dollar” stance of the US
Editor’s note: CPA believes that in 2019 the US will impose tariffs on all Chinese imports. The US-China skirmish now goes beyond trade and intellectual
President Trump’s decisive actions on trade with China are a long time in coming because U.S. manufacturers have struggled for years against heavily subsidized competition
Excerpt: Backers of the administration’s trade policies say the turnabout is good news. “The U.S. had the job of eating global steel overcapacity for many years.
Editor’s note. America is far from the only country distrustful of China. Excerpt. “The Chinese are not buying in Brazil. They are buying Brazil,” [presidential
Editors note: CPA fully agrees that we must fix dollar overvaluation to fix the trade deficit. We disagree with our good friend Rob Scott on his
Editor’s note: Letting China into the World Trade Organization was a mistake. The explosive growth in the U.S. trade deficit that came from China joining
President Trump’s decision to impose tariffs on subsidized imports from China has generated plenty of criticism from pundits and academics, alike. But the tariffs, which