Hassett’s Evidence on Transfer Pricing and the U.S. Trade Deficit In my last post, I questioned Kevin Hassett’s claim that transfer pricing manipulation was responsible for half of our trade…

…assumes that the effects of currently huge US trade deficits are temporary. The US trade deficit has been huge for almost 40 years now, which seems fairly long term to…

Are We in a Trade War? President Trump sent two of his minions out yesterday to lie about this question. Kudlow: We are not in a trade war. What this…

Kudlow’s Trade Coalition of the Willing Who knew when I posted this: We could go back to 2002 and how the Authorization for Use of Military Force Against Iraq Resolution…

by Joseph Joyce The New Trade Wars The “global imbalances” of the early 2000s were the Chinese trade surpluses and the U.S. deficits. These received a great deal of attention,…

USMCA, the International Trade Commission, and Kevin Hassett Tracey Samuelson of Market Place writes: USMCA would slightly boost U.S. economy, says ITC report – On Thursday, the International Trade Commission…

The National Bureau of Economic Research has highlighted two studies. (hat tip Spencer England) U.S. Consumers Have Borne the Brunt of the Current Trade War Recent tariff increases are unprecedented…

…trade policy in unexpected ways. The steps that the Biden administration to reengage with international agencies, such as the World Trade Organization, and trade partners, particularly China, will be carefully watched….

MarketWatch 666: Commenter and Blogger RJS; October’s jobs report; September’s trade deficit, construction spending, and factory inventories, et al Major economic reports that were released the past week included the Employment…

…President Trump’s trade policies, as he saw trade as a zero-sum relationship with trade deficits as a loss for the country that sustained them. The new proposals seek security and…