Posts tagged imports
U.S. China Trade Tensions Escalate

U.S.-China trade tensions escalated, after the Trump Administration said that it would implement the previously announced 25 percent tariff on $50 billion of Chinese goods “that contain industrially significant technologies” – i.e., those that were highlighted in President Xi’s “Made in China 2025” project, which explicitly focuses on boosting China’s capabilities in sectors where the U.S. is currently a leader.

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Trade Deficit Q&A

After the U.S. imposed previously announced tariffs (25 percent on steel and 10 percent on aluminum) on the European Union, Canada and Mexico last month, a number of you wrote me asking to explain the bottom line when it comes to trade deficits. I know that the rhetoric around trade has been tough to absorb, so here’s my attempt to provide a “Trade Deficit Q&A."

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