Trade deficit

New Business

Opinion | Reciprocal tariffs are nothing short of an attack on world trade

US President Donald Trump described his reciprocal tariffs as the “big one”. Although he habitually exaggerates his claims, the world…

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New Business

US President Donald Trump’s first term in 2017 transformed global trade: McKinsey

The global trade system has been profoundly reshaped since US President Donald Trump’s first term, with countries’ decisions increasingly driven…

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New Business

Trump’s America First Trade Policy: US-China 2020 import deal is again under scrutiny

The possibility of new tariffs on China, and even the cancellation of its preferential trade status with the US, will…

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New Business

Macroscope | Trump’s tariffs look set to backfire but that won’t stop him

Are US president-elect Donald Trump’s threats of tariffs an admission of American economic defeat, a tacit acknowledgement that US manufacturers…

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New Business

China urges ‘positive dialogue’ with US as Trump’s threatened tariffs loom large

While pledging to “firmly safeguard” China’s interests, the nation’s chief international trade representative on Friday expressed Beijing’s willingness to engage…

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New Business

Opinion | US protectionist craze hasn’t done its economy any favours

Most worrying is what Maurice Obstfeld at the Peterson Institute recently called “a deep distrust of economic openness” – a…

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