President Trump has big ambitions for the global trading system and is using tariffs to try to rip it down and rebuild it. But the European Union is taking action after action to make sure […]
Tag: World Trade Organization
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
When Congress voted to normalize trade relations with China at the beginning of this century, U.S. manufacturers braced for a stream of cheap goods to begin flowing into U.S. ports. Instead, they got a flood. […]
China Will Face at Least 54 Percent Tariffs With Trump’s New Order
With the new tariffs announced on Wednesday in Washington, President Trump has now imposed additional tariffs on Chinese goods of 54 percent — an extremely heavy burden that will cause companies to look elsewhere for […]
Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal
President Trump’s self-proclaimed “liberation day,” in which he announced across-the-board tariffs on the United States’ trading partners, carries an echo of another moment when an advanced Western economy threw up walls around itself. Like Brexit, […]
