Checking on China: Phase One of the Trade Deal

Looking at the Peterson Institute’s 2020 numbers for the first phase of the US-China Trade Deal, we can see if the agreement is working.

The Downside of Made in America

Seemingly clear, “Made in America” becomes much more complex when we define it and look at its impact on taxpayers, consumers, and workers.

Big Macs and Currency Manipulators

In China, a Big Mac costs close to the equivalent of $2.44. That same burger in the US is $4.20. The basic idea is PPP, purchasing power parity. The dollar can buy more when the yuan is undervalued. And President…

The (GDP) Gap

With the U.S. #1 and China #2, people are starting to wonder when the U.S./China GDP gap will disappear. Here, at the Economist, you can create your own prediction. Just input assumptions about GDP growth rates, inflation and the yuan’s…