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US President Donald Trump’s trade policies are undermining the rules-based system established after World War II. Without a ...
Tariffs and the bleak prospects for global trade dominated discussions at the International Monetary Fund (IMF) and the World ...
President Xi Jinping, when meeting with representatives of the international business community, emphasized: "Multilateralism ...
By acting on his own, President Trump has broken with more than 200 years of U.S. history in which Congress set the direction ...
Tariffs have an intimate relationship with world leadership among countries. The argument's premise is simple: low/no tariffs ...
The Sino-American trade war could have drastic implications on the global economy and even split the world into two ...
From the Smoot-Hawley Act to Trump’s current trade war, economic history clearly demonstrates that protectionism is not only ...
History shows that such policies rarely succeed ... The result was a wave of global retaliation that choked international ...
Tariffs don’t exist in a vacuum. When the U.S. imposes them, other countries may retaliate, disrupting global supply chains ...
Congress enacted 42 tariff laws between 1789 and 1916. The Tariff Act of 1789 was three pages long. The Smoot-Hawley Act of 1930 (the last enacted tariff before Congress delegated tariff-setting ...
International trade increased more rapidly than production ... The year 1931 will stand out in economic history as the great year of protectionism. In January there was a general upward revision of ...