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Foisting 19th century trade policy on our modern world is simply wrong
Anyone trying to understand or explain the Trump administration’s international trade policy is often forced to conclude that his focus on trade deficits and domestic production is really an expression of mercantilism—a trade philosophy ...
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Economists almost unanimous—rising trade barriers not good
Trade with China may actually have increased manufacturing employment in the United States. ...
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In the evolving trade debacle with the U.S, Ottawa must act
The outlook for ongoing NAFTA negotiations grows dimmer by the day, notwithstanding the conciliatory statement by Mexico’s new president, Andres Manuel Lopez Obrador (known colloquially as AMLO). In a recent interview after exit polling ...
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Canada, Trump and tariffs—a counterproductive and self-defeating quarrel
President Trump’s recent actions have drawn widespread media attention to tariffs. Economic science provides an effective means of discerning the implications amid the hyperbole and rhetoric. Earlier this year, the Trump administration ...
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The end of Trump-whispering
I wrote in January about how economists, apart from warning about the consequences, don’t have an awful lot to say about how best to fight a trade war. Adam Smith himself wrote that such wars were a situation in which policy be left to ...
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Your trade war is my export opportunity
Amazon CEO Jeff Bezos is renowned for saying “your margin is my opportunity.” Canada and other countries may soon be in position to paraphrase Bezos’ iconic boast as an emerging trade war involving the United States and China creates ...