LONDON — Scotch single malt whisky makers breathed a sigh of relief Thursday after the United States agreed to suspend tariffs on one of Scotland’s main exports in the wake of the resolution of a […]
America is at war with China, and we don’t even know it. Not a ground or air war, which I pray never happens, but an economic war; and they are kicking our rear ends. President […]
WASHINGTON, D.C. — President Donald Trump said Thursday that the United States is reinstating a 10% import tax on Canadian aluminum, raising tensions with an American ally just weeks after his trade pact with Canada […]
BEIJING — China cut tariffs on $75 billion of U.S. imports including soybeans, pork and auto parts Thursday in a trade truce with Washington while Beijing struggles with a costly virus outbreak. The cuts follow […]
WASHINGTON, D.C. — President Donald Trump declared on Tuesday that fellow Republicans would be “foolish” to block the tariffs he’s threatening on Mexican imports, but GOP senators fearing a new trade war were considering action […]
URUAPAN, Mexico — The baby avocados in Enrique Bautista’s vast orchard in western Mexico will grow to maturity, eventually, and be shipped out of Mexico. What remains to be seen is how many of those […]
WASHINGTON, D.C. — The dinner table diplomacy that Presidents Donald Trump and Xi Jinping of China conducted over the weekend produced something as vague as it was valuable: an agreement to keep talking.Forged over grilled […]
Tariffs are bad. They are just “taxes” by a different name. Higher taxes and tariffs retard economic production and growth. The higher the tax, or tariff, the lower amount of product is sold. Would the […]
WASHINGTON/PARIS – Washington will impose tariffs on steel and aluminum imports from the European Union, Canada and Mexico from midnight on Thursday, ending months of uncertainty over potential exemptions and sharply escalating the risk of […]
There are a couple of important economic lessons that the American people should learn. I’m going to title one “the seen and unseen” and the other “narrow well-defined large benefits versus widely dispersed small costs.” […]
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