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Prof. David Kotz argues that the trade war is counter-productive for everyone, including the US, because it does not include a plan for an industrial policy. The conflict foreshadows increasing…
As stock markets around the world are reeling from contradictory Trump administration signals regarding US policy towards China, we look at: Who benefits? And: What would a better trade policy…
Instead of imposing additional tariffs, which will hurt the Chinese and U.S. economies, the U.S. should have its own research and development strategy, says Richard Vague, author of The Next…
Heiner Flassbeck argues that the China-US trade war is not having as much of an impact on the global economy as many assume. China’s currency is not undervalued, despite its…
Trump accuses China of currency manipulation because their currency devalued in the wake of his tariffs. However, as Bill Black explains, this accusation has no basis in fact. Instead, Trump’s…
Trump’s claim that China is paying for the tariffs is completely false and basically serves to redirect income from his poor supporters to his wealthy supporters. Not only that, the…