The success of the washing machine tariffs shows that “tariff-jumping investment,” i.e. inducing domestic industry growth via tariffs is a viable strategy for the U.S. in industries that have suffered decline.
Washing machine tariffs were a success, as measured by over 2,000 new jobs, more competition, no sustained effect on washing machine prices and economic stimulus with the construction of new factories.
Japanese steelmaker Nippon Steel has offered $14 billion for historic American company U.S. Steel. The deal is a bad idea. It’s bad for America, bad
The multinational business community claims that revoking China MFN would be bad for the
U.S. economy. They are wrong.
The December Currency Misalignment Monitor found dollar overvaluation edging up once again, to 17.4% against the basket of 33 other currencies included in our model.
Key Points The standard widely-used trade model, GTAP, has been wrong in its forecasts of every major U.S. trade agreement. CPA economists have modified the
Business/Technology Explainer: What is the Cloud? Key Points Big Tech has developed valuable software applications to store and manage data anywhere in the world There
The November Currency Misalignment Monitor found dollar overvaluation rising further, to reach 16.8% against the basket of 33 other currencies included in our model.
Chinese solar manufacturers could take advantage of the Inflation Reduction Act’s tax credits by opening plants in the United States.
What is the difference between an undergraduate international trade economics class and a graduate-level class? The difference is that in an undergraduate economics class they
