Embracing Divergent Strategies: The Art of Woo and Economic Restrictions The current state of trade relations between the U.S. and China is a complex intertwining of contrasting strategies. On one hand, there is the employment of the ‘art of woo,’ characterized by diplomatic efforts aimed at maintaining a semblance of economic collaboration and cooperation. On … Read more
Trade relations between the United States and China have been a subject of global interest for several decades. The recent legislation on higher tariffs on Chinese imports, known as the ‘Raising Tariffs on Imports from China Act,’ introduced by Senator Josh Hawley, seeks to reduce the U.S. trade deficit. This article examines the implications of … Read more
The Evolving Global Trade Landscape The global trade landscape has been rapidly evolving, influenced by a multitude of factors such as geopolitical shifts, technological advancements, and recent global events like the COVID-19 pandemic. This has led to a shift in traditional trade relations and the forging of new alliances and partnerships. The United States, for … Read more
Misunderstanding the Trade Deficit The United States’ annual trade deficit is often misinterpreted as a sign of economic weakness. Critics typically attribute various economic problems to the deficit, yet it actually highlights America’s financial strength and global influence. The Claremont Institute’s recent essay, “Restoring American Manufacturing: A Practical Guide,” is an example of this misconception. … Read more