Whether looking at chicken paws or hog hooves, U.S. and China food tastes have worked well together until U.S. and Chinese tariffs have upset the benefits of the relationships.…
Why U.S. Winemakers Can’t Fight the Trade War That the President Uncorked
While facts about China’s wine imports from the U.S. are somewhat surprising, still the impact of a tariff war is predictable.…
The Return of the Disappearing Avocado
If avocado has returned to your favorite veggie wrap, you can ask your economist to explain avocado prices with supply and demand.…
Why We Have More Bananas
Customized container ship refrigeration has made it possible for our fruit imports to include many more bananas, limes, mangoes, and berries.…
Using Pizza to Understand the Trade Deficit
We can look at pizza take-out to see why a trade deficit involves much more than spending more on the imports you buy than the exports you sell.…
What Brexit Will Do to the EU Budget
About more than the U.K., Brexit also creates EU budget problems because of the 10 to 12 billion euros that the British will no longer give annually.…
What Economists Say About Roller Coasters
In a top ten list of roller coaster economics, we can include everything from the cost of a kidney stone to world trade and queueing.…
How a Steel Tariff Creates a Lobster Trap
As Canadian fisheries enjoy more business because a trade deal lowered the price of lobster exports, Maine’s fisherman are suffering from lower sales.…
What a Strawberry and a Chicken Say About Free Trade
More than governments negotiating agreements, free trade is about the variety of strawberries, chickens, pickup trucks and pencils that we can buy.…
The Lobster War Between Sweden and Maine
The future of North American lobster exports to the European Union was threatened when 32 “surly” reddish green lobsters were found in Scandinavian waters.…