The President's vow to impose new tariffs on Mexican imports risks sabotaging trade deals and the U.S. economy.
Leaders of 19 countries agreed to support the Paris accord on fighting climate change with the U.S. the lone holdout.
"Tariffs are B-A-D," says a deadpan Ben Stein in front of a chalkboard.
"Americans across the country" paid a stiff price last time.
The president, who announced the protectionist measures on Thursday, later tweeted that "trade wars are good, and easy to win."
In particular, young people are the main growth drivers. Accounting for a quarter of the total population, Chinese Millennials
America's prosperity depends on turning outward to the rest of the world.
In 1990 I published an article entitled "Why Political Risk Insurance Will Grow in the 1990s". At that time, the former Soviet
The Millennial Bloggers are based all over the world. They are innovators in entrepreneurship, journalism, education, entertainment
The need for global coordination of fiscal and monetary policies has been repeatedly stated by multilateral institutions
In a report released last month, the WTO noted that between mid-October of 2015 and May of 2016, G20 economies had introduced
It seems that lots of media/political/business people "on the coasts" don't get how big a deal trade played in Tuesday's election.
Hillary Clinton recently dismissed the idea of getting tough on those of America's trading partners who run up huge surpluses against us on the grounds that it would lead to "trade war." But this is almost certainly not so.
Instead of punitive taxes on politically targeted companies, America needs uniform, unbiased and understandable principles for defining the corporate tax base. Moreover, we need to make the tax code internationally competitive, with lower marginal tax rates.
As a trade specialist, I've had my eye on Trump for years. That's why I wrote this article way back in 2011: I think Mr. Trump
The free trade vs. protectionism debate should not be about disruptions to the economy from changed policies. Changes in the status quo often result in disruption and lost jobs. If we relied on this logic, we would never change any policy, no matter how bad.
I vote in both countries and the border relabels everyone. I'm a "conservative" in Canada, concerned about "liberal" profligacy -- which puts me left of the Democrats. So to me, a Democrat like Bernie Sanders in the White House would be good news all around.
If you google "the trade war of," you won't find any historical examples. There was no Austro-Korean Trade War of 1638, Panamanian-Brazilian Trade War of 1953 or any others. History is devoid of them. Trade wars are an invented concept, a bogeyman invented to push free trade.
So Donald Trump and Bernie Sanders won their respective New Hampshire primaries. From a fair-trade point-of-view, the news couldn't be better. However the Eccentric Billionaire from Queens and the Eccentric Socialist from Brooklyn may differ, on this they agree.