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We investigate several potential mechanisms that could account for our estimates. To uncover the relevant mechanisms, we document which products drive the price response.
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During his principal, the US president would even attempt a partnership with a company controlled by the Chinese state, the newspaper said.
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If Donald Trump’s sister is right that he “has no principles,” he does at least have a few enduring instincts. Perhaps the most persistent is the president’s conviction that American greatness is threatened by voluntary economic exchange, the most powerful engine of peace and prosperity in human history. Each of us has a fundamental right …
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The European Union is pushing ahead with digital tax proposals just as the United States pulls out of global talks. Europe and the United States are hurtling toward a trade war over who has the right to tax Google, Facebook and Amazon. After Washington confirmed Wednesday that it had pulled out of talks on global …
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US stock indexes dropped on Friday as Sino-US tensions weighed on markets struggling to gauge the pace of economic recovery from the coronavirus. President Donald Trump’s statement on China’s plan for a national security law in Hong Kong on Thursday raised concerns over Washington and Beijing possibly reneging on their Phase-1 trade deal. Fears of …
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The Trump administration has ramped up pressure on the Chinese Communist Party by forging closer political and business ties with Taiwanese technology firms, while at the same time working to undermine Chinese tech giant Huawei, according to a report. Taiwan Semiconductor Manufacturing Company, or TSMC, said last week it would build a factory in Arizona, …
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The US trade deficit rose in March as the coronavirus outbreak battered America’s trade with the world. The Commerce Department reported Tuesday that the gap between what the US sells and what it buys abroad widened 11.6 percent in March, to $44.4 billion, from $39.8 billion in February. US exports fell 9.6 percent, to $187.7 …