The Slogan ‘Globalization equals growth’ is Wrong
…that links more trade to growth and other economic benefits. Economic theory implies only that, under most circumstances, lower trade barriers will lead to more trade and more jobs. The…
…that links more trade to growth and other economic benefits. Economic theory implies only that, under most circumstances, lower trade barriers will lead to more trade and more jobs. The…
…whose the flip side is the trade deficit. For every dollar the capital account goes up, the trade deficit must get a dollar more negative. To be clear, a higher…
Trade was a significant factor in the weak GDP report today and as usual when this happens you see many comments that do not understand why imports are a negative…
…trade pacts will accelerate If the World Trade Organization is undermined by the Trump administration. Whether or not regional trade agreements are the source of trade creation or diversion is…
…trend. The trade balance is the difference between two very large numbers so that small changes in either series can generate very large changes in the trade balance. The June…
The US-Mexico Trade Deal Dies Nobody is calling it that, but the low key story on the back pages of Wednessday’s major papers report that this is what has happened,…
…implemented by the Trump administration aren’t sustainable long-term. “We started with very high reciprocal rate tariffs, but after trade deals, trade talks, and trade negotiations, they have actually come down,”…
…end up poorer than it would have been if there had never been a trade war in the first place. But Trump decided to start a trade war, and now…
…release the US International Trade in Goods and Services report for November 2025, providing an updated look at imports, exports, and the balance of trade for the month. Recall October’s report showed a decline in the…
…true? Our president is a master at chaos. Chaos is his trademark. And the trade war chaos? First tariffs, then no tariffs. Its 10 percent, then 24%. China gets the…