The U.S.-China trade war: why not go back to the WTO?

Last week, bilateral trade talks in Washington D.C. ended with China inviting the U.S. to send a negotiating team to Beijing this month (The Guardian, January 31, 2019).  The headline news from the talks was that the Chinese delegation offered…

What does “reciprocity” in trade negotiations actually mean?

Among several issues raised by the Administration’s unfolding approach to trade policy, one really caught my eye last week when Representative Sean P. Duffy of Wisconsin proposed granting the President new executive powers to raise tariffs on U.S. imports, stating…

Do all economists agree that a Carbon Tax is the best way to address climate change?

Economist and former Chair of the Federal Reserve, Janet Yellen, is circulating a letter signed by “27 Nobel Laureate economists, 3 other former Chairs of the Federal Reserve and 15 former Chairs of the Council of Economic Advisers” that claims…

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