In The News

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,...

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...

The Trump administration has suggested it may lift an export ban on ZTE phones, the fourth largest supplier of US smartphones, and impose alternative penalties for the now-struggling company. US “companies haven’t been able to ship parts to ZTE since the U.S. Commerce Department’s mid-April order barring sales of products to the Chinese company,” reports Dan Strumpf for the Wall Street Journal. “...