Found 29 article(s) for author 'Tariffs'

Tariffs Should Target Chinese Lawlessness, Not the Trade Deficit

Tariffs Should Target Chinese Lawlessness, Not the Trade Deficit. Martin Feldstein, December 27, 2018, Opinion, “Made in China 2025 is Beijing’s plan to dominate global markets in a wide range of high-tech products. China’s strategy is to give large government subsidies to state-owned companies and supplement their research with technology stolen from American and other Western companies. This theft includes using the internet to invade the computers of foreign firms and forbidding companies to do business in China unless they share their technology with Chinese firms.Link

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Can anything hold back China’s economy?

Can anything hold back China’s economy? Lawrence Summers, December 3, 2018, Opinion, “Presidents Trump and Xi Jinping reached an agreement over the weekend at the Group of 20 meeting in Argentina on a framework for trade dialogue that will delay the imposition of new U.S. tariffs. While surely better than the alternative, this step does not address any of the fundamental tensions in the economic relationship between the United States and China.Link

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Trump’s Tariff

Trump’s Tariff. Dani Rodrik, Winter 2018, Opinion, “[H]e has ordered steep tariffs on imported steel and aluminum (25 percent and 10 percent, respectively), basing the move on a rarely used national-security exception to World Trade Organization rules. The North American Free Trade Agreement, the…Link

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The US-China conundrum

The US-China conundrum. Lawrence Summers, November 30, 2018, Video, “Former U.S. Treasury Secretary Larry Summers said America has an inalienable right to police unfair trade practices by major trading partners. “We, in the United States, need to be very clear, we are entitled and we are right to reject Chinese cheating, Chinese violation of the rules, rules that don’t cover unfair practices,” Summers said during an interview on FOX Business’ “WSJ At Large With Gerry Baker Opens a New Window. ” on Friday. ”We’re right when we’re against that.”Link

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Trump’s trade wars and Brexit are making us all poorer

Trump’s trade wars and Brexit are making us all poorer. Jeffrey Frankel, November 27, 2018, Opinion, “The world is in a trade war and there is no sign of peace breaking out anytime soon. By now, the disruption to trade appears extensive enough to factor negatively into forecasts for economic growth. Does that mean the Federal Reserve should stop gradually raising interest rates?Link

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Former Clinton Aide Larry Summers Pounds Trump Trade Strategy as ‘Very Erratic’

Former Clinton Aide Larry Summers Pounds Trump Trade Strategy as ‘Very Erratic‘. Lawrence Summers, October 17, 2018, Video, “The new North American trade agreement negotiated by the Trump Administration is slightly better than the original NAFTA, former Clinton Treasury Secretary Lawrence Summers admitted, but the negotiating techniques used to achieve it were too risky, he said.Link

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