Tariffs and trade deals can have unintended consequences. The Trump tariff war was not supposed to send jobs to China. However, Tesla responded in 2018 to China’s 25% retaliatory tariff on U.S. autos with a quickly completed plant in Shanghai.…
Six Facts That We Need To Know About Tariffs
For a brief summary of all you need to know about the impact of tariffs, these six facts range from 19th century theory to recent trade disputes.
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.
On The Street Where You Live
While economic development can be measured through a history of GDP data, the real yardstick is the history of one street.
One Reason That We Have Nutella
Inside a jar of Nutella you might have a little bit of the Ivory Coast, Turkey, Malaysia, the EU and the US. Processed in the EU, Turkey, Russia, Australia, North or South America, the cocoa and hazelnut spread is then…