The Chinese trade surplus in manufacturing goods is, at $2 trillion, unfathomably large....and growing fast....a death knell of globalization as we knew it, which might finally stir the international order into action ...
Global trade has been upended by the Trump tariff policies and there is no turning back. Each country's political standing will weigh on its economic outcome but all will have to reinvent their trade strategies
Collecting 'easy' cash from foreign traders today, impervious to inflation and protective of American jobs tomorrow, tariffs portend to be all things to all people...but is it true or just a matter of time before reality comes knocking?
Global trade is founded on mutual trust; a sense of prejudice, real or imagined, is a vortex of distrust, insinuating retribution and upending globalization
All about 'pride', tariffs on trade treaty co-signatories Canada and Mexico endanger their deep integration with the U.S. economy, portending disaster in Mexico and hard times in Canada
In a fragmented world, calls for cooperation might get lost in the wild, in the midst of regional aspirations. It is up to the World Economic Forum to reignite the powerful symbol of public - private dialogue by turning globalization upside down
Running current account deficits without concern for a balance of payments crisis, the US knows full well that the money paid out to settle its export shortfall balances its capital account surplus
Growth of international trade has brought huge advantages to trading partners but the US is an outlier amongst developed countries with a GDP trade percentage (28%) between half and a third the trade percentage at its closest G-7 allies