An economist explains why the US and Chinese governments are most likely to dig in their heels rather than find a compromise to end the costly trade conflict.
Cities have not been central to public policy discussions on trade growth and diversification that are typically centred on trade pacts between countries. But cities are now driving a lot of trade.
Stephen J. Silvia, American University School of International Service
A quarter-century ago, more than 100 nations agreed to engage in freer trade with one another and signed the declaration that established the World Trade Organization.
These are the five options for Brexit: Theresa May’s withdrawal agreement, staying in the customs union, staying in the single market, the so-called Common Market 2.0 idea or a no-deal Brexit.
American companies still face enormous uncertainty about how they’ll be doing business in the UK and EU in the coming years, particularly as the April 12 Brexit deadline draws closer.
American and Chinese trade negotiators are pushing hard to get a deal, but a major sticking point remains: ensuring China honors any promises it makes.
China has reneged on past promises it has made to the US. With the deadline for a deal fast approaching, the solution may lie in learning from a global organization the president hates: the WTO.