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trade war

  • As trade with China increases, to what extent do retailers adjust prices for U.S. consumers?

    As trade with China increases, to what extent do retailers adjust prices for U.S. consumers?

    February 05, 2021 | 04:53pm

    We investigate several potential mechanisms that could account for our estimates. To uncover the relevant mechanisms, we document which products drive the price response.
  • Donald Trump has maintained a bank account in China, according to the NYT

    Donald Trump has maintained a bank account in China, according to the NYT

    October 21, 2020 | 09:42am

    During his principal, the US president would even attempt a partnership with a company controlled by the Chinese state, the newspaper said.
  • In Trump’s mind, trade is not a right to be respected but a process to be managed by politicians

    In Trump’s mind, trade is not a right to be respected but a process to be managed by politicians

    August 28, 2020 | 10:13am

    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 …
  • Europe and the United States are hurtling toward a trade war over who has the right to tax Google, Facebook and Amazon

    Europe and the United States are hurtling toward a trade war over who has the right to tax Google, Facebook and Amazon

    June 18, 2020 | 04:34pm

    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 …
  • US stocks drop on simmering US-China trade tensions

    US stocks drop on simmering US-China trade tensions

    May 22, 2020 | 05:00pm

    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 …
  • US eyes business with Taiwanese tech firms in move to distance from China

    US eyes business with Taiwanese tech firms in move to distance from China

    May 20, 2020 | 05:32pm

    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, …
  • US trade gap surges to $44.4 billion as coronavirus savages business

    US trade gap surges to $44.4 billion as coronavirus savages business

    May 05, 2020 | 06:51pm

    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 …
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