China’s ‘Economic’ Losses Aren’t Because of US Trade Success

China’s economic growth has been slowing down, but it was slowing down before President Donald Trump entered the White House, and it will continue to slow down, regardless of whether the U.S.-China trade dispute continues or not. Supporters of the administration’s trade policy often cite the decline in China’s largest stock market, the Shanghai Stock … Continue reading China’s ‘Economic’ Losses Aren’t Because of US Trade Success

Thank God for Free Trade ‘Avocados From Mexico’

It is difficult to read the phrase “avocados from Mexico” without singing the catchy tune from a popular Super Bowl commercial. These commercials ring true today for American guacamole lovers because the triple-digit heat and wildfires in California are hurting their avocado crop. Temperatures above 115 degrees have led to major crop losses as many fruits prematurely fell off … Continue reading Thank God for Free Trade ‘Avocados From Mexico’

Trump’s Trade Policies Undermining Benefits of Tax Cuts, Slashing Regulations

Last week, the U.S. government hosted its annual SelectUSA Investment Summit just outside of Washington, D.C. The event often draws a good crowd of potential foreign investors looking for opportunities to invest in America. With the president’s cuts to the corporate tax rate and regulations, the United States will continue to be a prime destination … Continue reading Trump’s Trade Policies Undermining Benefits of Tax Cuts, Slashing Regulations

Trump’s Tariffs Are Pushing American Companies to Leave

Harley-Davidson’s motto is “All for freedom. Freedom for all.” Today, however, the freedom to trade in America is deteriorating—and because of that, the iconic motorcycle manufacturer will be moving some of its production overseas. The United States imposed tariffs of 25 percent on steel and 10 percent on aluminum in March. On June 1, America’s closest trading partners, … Continue reading Trump’s Tariffs Are Pushing American Companies to Leave

Here Are 5 Reasons Why Trump’s Tariff Bailouts Are a Bad Idea

The Trump administration is planning to spend as much as $12 billion in aid to help farmers hurt by the administration’s tariffs. By acknowledging the need for aid to farmers, the Trump administration is admitting that its tariff strategy is hurting Americans. There are multiple reasons why providing aid to farmers to offset the effects of tariffs … Continue reading Here Are 5 Reasons Why Trump’s Tariff Bailouts Are a Bad Idea

There’s No Such Thing as a Trade Deficit

Concerned with how trade is commonly discussed, Greg Mankiw recently issued a plea to journalists to halt the use of subjective terms to describe trade flows. Rather than words such as “deteriorated” or “improved,” the Harvard economics professor (and noted textbook author) proposes that writers employ more objective language such as “the trade balance moved towards surplus.” Mankiw’s … Continue reading There’s No Such Thing as a Trade Deficit