Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version appeared in Project Syndicate.
Category Archives: Trade Policy
You Ain’t Seen Nothing Yet
Taxes announced, proposed, on Chinese imported goods. Or, shoot yourself in the foot edition.
“So China is now paying us billions of dollars in tariffs”
How does a tariff work? A tariff is a tax on imported goods, so if a Chinese good is sold to an American, the American literally has to pay the tax.
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JP Morgan Chase: “U.S.-China endgame involving 25 percent U.S. tariffs on all Chinese goods in 2019”
That’s according to Bloomberg.
Learning from History and Modeling: Chinese Trade Retaliation Choices
An interesting symposium in the 2nd Quarter 2018 issue of Choices, published by the Agricultural and Applied Economics Association, deals with the impact of Chinese trade retaliation aimed against US agricultural exports.
Guest Contribution: “Fall in US Trade Balance, Led by Ag. Exports”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers.
“Trade Wars Are Good, and Easy to Win”: Soybean Edition
I am dubious. End-market year soybean stocks at record highs.
Guest Contribution: “Trump Renews Charges of Chinese Currency Manipulation”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version appeared in Project Syndicate.
Who Could’ve Known “Crash Brexit” Would Be Problematic?
In the aftermath of the Salzburg summit, where the Chequers plan was dismissed by the EU, and PM May demanded “respect”, the pound has plunged.
From the Front Lines of the (Soybean) Wars
Reuters has an interesting article, entitled “Inside China’s strategy in the soybean trade war”.
Mu Yan Kui … ticked off a six-part strategy to slash Chinese consumption and tap alternate supplies with little financial pain.