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Why don’t we learn history’s lessons?
The topic of “tariffs” has been the main subject of conversation in almost every single corner of the world ever since President Donald Trump announced early in March that he would be imposing heftier ...
It was the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets.
The move is part of a shift away from international institutions the Trump administration views as conflicting with its agenda.
From the Smoot-Hawley Act to Trump’s current trade war, economic history clearly demonstrates that protectionism is not only ineffective, but counterproductive. In a world where value chains are ...
Roughly 19 minutes into his speech, Trump was handed a rectangular board with a list of countries and regions and the tariffs ...
China announced countermeasures by raising tariffs on U.S. goods from 84% to 125% starting Saturday.
However, investors should bear in mind every situation is unique, and past performance is no guarantee of future results. How ...
President Trump has repeatedly called tariffs "the most beautiful word in the dictionary." NPR's Word of the Week explores ...
For decades, the World Trade Organization refereed global trade ... WONG: Quinn Slobodian is a professor of international history at Boston University. He points out that when it helped found ...
Quinn Slobodian is a professor of international history at Boston University. He points out that when it helped found the WTO, the U.S. signed onto a system where it wouldn't always get its way. QUINN ...
From early protectionist policies by the US and some European countries to Cold War-era trade manoeuvres, the world has come across a long history of using import tariffs that shaped global commerce ...