In The News

Dai Weilai June 12, 2018
Trade encourages peaceful and broad-based relationships, and a US trade war targeting China could improve Chinese-Russian relations. The United States has imposed 25 percent tariffs on a variety of Chinese goods, and China has promised retaliation. The United States also challenges China on Taiwan and the South China Sea while imposing economic sanctions on Russia and criticizing its military...
Chris Giles June 11, 2018
Trade tensions made for an acrimonious G7 summit, reports Chris Giles for the Financial Times: “The west was in disarray after Donald Trump left the summit early, instructed his officials to tear up the bland G7 statement, threatened to impose more tariffs and called the Canadian prime minister ‘very dishonest and weak.’” Trump administration officials became defensive after G7 host and Canadian...
David Shepardson June 5, 2018
Facebook confirmed data-sharing partnerships with about 60 companies including Huawei, Lenovo Group, OPPO and TCL in China. Once again, the agreements may have allowed the firms to access data of users’ friends without explicit consent, reports David Shepardson for Reuters. Many of the partnerships had already ended, and Facebook is taking steps to end agreements with the Chinese firms. “Chinese...
Nayan Chanda June 5, 2018
The Trump administration goes back and forth with threats over trade deficits and demands that China, Canada, Mexico and other countries purchase more US-made goods. Nayan Chanda, founding editor of YaleGlobal Online, ponders whether abrupt announcements from the president are intended to maintain pressure on other nations during negotiations or boost domestic support. “Whatever the motivation,...
George Eaton June 1, 2018
Protectionism is the foe of cooperation, spurring widening antagonism. The United States under Donald Trump is treating longtime allies as adversaries, and this offers a cautionary tale to Brexit supporters who had expected a special relationship with the United States, notes George Eaton for the New Statesman. US tariffs on steel and aluminum will apply to Europe, Canada and Mexico – and that...
Kemal Derviş June 1, 2018
In stark contrast to the views of the US president, French President Emmanuel Macron embraces a new global order and the growth of intergovernmental organizations. He still has strong faith in the Iran deal, and supports international trade is necessary for liberal-democratic politics. In the wake of Brexit, he pursues pan-European politics, maintaining a pro-globalization stance in the face of...
Rachel Layne May 31, 2018
Despite US deficits with China, cross-border trade contributes numerous benefits: more total of jobs for each country along with low-cost goods and higher standards of living. With trade boosting economic growth, governments must enact policies that distribute the wealth with a mixture of social services, infrastructure investment and tax reductions. The United States, relying on deficit spending...