…longer appropriate to discuss international trade and debt balances purely in terms of ‘nations’. The fact is that US transnational corporations dominate world trade and finance. They also overshadow many…

…says: The fact that trade balances–that dollars paid to Indian call-center workers show up as demand for American exports or as funding for investments in America*–means that the Economist is…

China’s March trade deficit Patrick Chovanec on Seekingalpha asks the basic question on the direction Chinese policy makers will take regarding the currency question, but the underlying question remains unanswered……

…cap and trade costs to households. About $340 per household in the MIT study versus about $3000 claimed by the Republicans? And so easily checked…yet quoted and linked as if…

…is also an synopsis of an interesting book on all this….why and how. Contracts in Trade and Transition: The Resurgence of Barter “the authors find that counter-trade accounted for perhaps…

…the real trade balance has collapsed. The peak in the chart is the last month of the third quarter. Consequently, trade will be a major negative for the real gdp…

The NYT reports: The World Trade Organization made a last-ditch effort on Tuesday to salvage stalled global trade talks by asking the United States and Europe to lower their barriers…

There were two news releases this morning related to international trade. First, the BEA reported on the November trade deficit: The U.S. Census Bureau and the U.S. Bureau of Economic…

…we lower tariffs on imports from Central America. If so, we may have a case of what Jacob Viner called trade-diverting effects. While I am an advocate of free trade,…

…to the March trade deficit, before seasonal adjustments. The story remains the same: housing is hot, the trade deficit grows, and global imbalances worsen. Dr. Setser commented on this trend:…