protectionism

If a US trade war escalation leads to a wave of bankruptcies in China, the Chinese escalate in kind.

The "Trump Unchained" policy tack is gathering steam as Trump lays the groundwork for a post-globalist world.

This post was first published on Patreon on 20 Jun 2018 Last July, I was in Germany for a high school graduation. And as the only American family member in attendance, I got a lot of questions about Donald Trump. What I said then was that…

Maybe he just wants to get concessions out of the Chinese and the Mexicans and he is willing to take heat on (temporarily) damaging relationships with the Canadians. I suspect this may be what he is after.

Links on 'The Art of the Deal', Flint, Michigan, subprime auto, Facebook and more

China's debt build-up has provoked increasing concern amongst Beijing’s policy makers. The resultant excess capacity exports deflation to the rest of the world. This creates pressures for China’s competitors which could engender a tougher…

There are growing signs that a trade war is possible, and that the multilateral trading system may not be able to prevent it. This column asks what would happen with tariffs around the world if countries were to move from cooperative tariff…

China has retaliated to US duties with tariffs on $50 billion of US goods. An all-out trade war is a distinct possibility.

The upward momentum for US stocks has broken. The S&P 500 closed below it's 200-day moving average for the first time since March 2016. Chief among the factors causing alarm was China's decision to retaliate against US tariffs. More…

While the pundits are talking trade wars, Chinese officials are taking the latest US provocations in stride. China's emergence on the world stage was always going to be disruptive. China is not defenseless in a trade war, but many…