There is unfortunately absolutely nothing good to say about the announcements U.S. President Donald Trump made during his recent “Liberation Day” event in the White House Rose Garden. Try as one might to “sane-wash” Trump’s economic policies, there is simply no coherent rationale for his supposedly “reciprocal” trade
U.S. President-elect Donald Trump is determined to confront China economically and strategically. This is a difficult problem, because so many goods purchased in the United States have supply chains with deep roots in the Chinese manufacturing base. If new U.S. tariffs cause the Chinese renminbi to depreciate, as
WASHINGTON, D.C. – For about 1,500 years, high-value goods were moved from China (and perhaps other parts of Asia) to Europe and the Middle East via the Silk Road. The precise route varied over time, but it always ran through and involved local traders in parts of what we
By declining to include funding for Ukraine as part of the recent deal to avert a government shutdown, the U.S. Congress sent a signal of encouragement to Russian President Vladimir Putin. That makes tightening the price cap on Russian oil exports all the more important. WASHINGTON, DC/CAMBRIDGE – Wars
