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Articles on Trade deficit
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With a trillion-dollar trade surplus, is China’s goal really to make everything ‘better and cheaper’ at home? The reality is not so simple.
A trade deficit is actually beneficial to the US.
The word ‘deficit’ may sound alarming, but America’s trade gap is a sign of its financial and economic dominance.
To calculate its ‘reciprocal tariffs’, the Trump administration has opted for a crude formula with no basis in trade theory. We are all going to pay the price.
The so-called ‘Liberation Day’ announcements played out like a reality TV cliffhanger. What might the next ‘episode’ have in store for the rest of the world?
Most liars care enough about the truth to try to conceal it. But simply not caring either way is a different vice — it’s called bullshitting, and Donald Trump weaponizes it.
Tariffs aside, regulations mean the EU rarely imports certain US products, such as meat and dairy.
China represents one of the biggest consumer markets in the world. Can that potential profit offset the problems of investing for multinational corporations? Apparently, yes.
French wine is the subject of an ongoing trade dispute between the US and EU, but tariffs could have impacts not intended by US president Donald Trump.
Trump believes the money Americans spend on Chinese imports like the iPhone goes straight into China’s pockets. In reality, China gets very little value from it.
From May 2, any countries buying oil from Iran can expect US sanctions.
America’s objectives for a trade agreement with Britain spell out a stark Brexit future.
As Trump prepares to deliver his delayed State of the Union address, here’s what four economists had to say about the state of the union.
The clock is ticking before the US ramps up tariffs on Chinese imports.
As fears of a US-China trade war grow, the eurozone is starting to look like a rock.
Despite agreeing to a ceasefire, the two sides offered differing depictions of their trade war truce that show a lasting peace may still be out of reach.
Businesses pulling out of the recent Saudi investment conference over journalist Jamal Khashoggi’s death is just the latest example.
Americans seem to believe trade deficits are a bad thing, partly because of arguments suggesting they mean the US is ‘losing.’ An economist explains why that’s rubbish.
The US and China once again exchanged fire in their escalating trade war. Tariffs have been the main source of ammunition thus far, but China has other weapons it could begin to deploy.
Top contributors
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Professor Emeritus of Economics, SOAS, University of London
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Research Professor of Business, University of California, Irvine
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Professor and Head, School of Business, Monash University Malaysia
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Professor of Information Studies, Syracuse University
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Distinguished Professor, Arthur J. Gosnell Professor of Economics, & Head, Department of Sustainability, Rochester Institute of Technology
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Instructor of Business Management, University of Toronto
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Senior Lecturer in Economics, The Open University
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Research Associate, University of California, Berkeley
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Professor of Economics, University of Georgia
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Associate Professor, Economics, University of Technology Sydney
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Doctoral Researcher in Economic History, Lund University
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Professor of Economics, Griffith University
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Professor of Innovation and Entrepreneurship, University of Huddersfield
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Lecturer of international trade law, Monash Business School, Monash University
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Professor of Global Development Policy and Director, Global Development Policy Center, Boston University