The U.S. imports 80% of its rare earths from China, but accounts for just 4% of China’s rare earths exports. This gives China a significant advantage.
Will the US and EU find a compromise on trade to avert a head-on clash?
The fallacy of seeking to reduce the U.S. trade deficit without raising U.S. savings rates.
How is Europe impacted by transatlantic and U.S.-Chinese trade tensions and by trade with China itself?
If Trump has his way, the liberal market economy of the post-war period is ending. The Trump world proudly and unapologetically embraces mercantilism.
In the tit-for-tat retaliation gaming with the United States over imposing tariffs, China is at a disadvantage.
Far from strengthening the U.S. economy, Trump’s punitive tariffs destroy global supply chains.
By moving forward with the bilateral trade deal, Japan and the EU are making clear that the global appetite for trade deals outside of the U.S. remains strong.
What Europe earns by selling goods to the U.S., it spends on licensing fees for U.S. technology and on U.S. services. Nothing unfair here.