International Trade

Current Topic: Trade & Specialization Previous Topics Connected: opportunity cost Future Topics Foreshadowed: economic growth, savings and investment News Article: “Commentary: Tariffs aim at reducing big deficit with China” Article Link: https://mru.io/comme32a4b Description: A commentator fo...

As with a lot of developing countries (and developed countries for that matter) there tends to be a reliance on a particular resource which can be to the detriment of its economy. Invariably if an …

What happens when a new tariff gets put in place? To really see the action, you have to go to Newark, New Jersey.

Author A.J. Jacobs embarked on a quest with a deceptively simple idea at its heart: to personally thank every person who helped make his morning cup of coffee. More than one thousand "thank yous" later, Jacobs reflects on the globe-trotting journey that ensued -- and shares the life-altering wisdom he picked up along the way. "I discovered that my coffee would not be possible without hundreds of people I take for granted," Jacobs says.

This docuseries brings the smart, stylized storytelling of Adam McKay’s The Big Short to a quirky and compelling exploration of the global economy. In each episode, host Kal Penn -- with the help of some celebrity friends -- answers a burning question like: How can I launder a bag of dirty cash? How scared should I be of a rubber apocalypse? And is it easier for dicks to get rich?

In this economics lesson, students will analyze data to learn if jobs have increased or decreased since NAFTA was implemented.

Canada will slap retaliatory tariffs on C$3.6 billion ($2.7 billion) worth of U.S. aluminum products after the United States said it would impose punitive measures on Canadian aluminum imports, a senior official said on Friday.

Cheap cherry imports from Turkey are threatening farmers in Michigan, who produce two-thirds of the country's tart cherry supply.Falling profits over the past few years prompted the industry to turn to the U.S. government for help by imposing tariffs on imports, the Wall Street Journal reported…

Gov. Gretchen Whitmer signed an executive directive Monday that makes the state take into account how a company pays and treats employees, and environmental track record when choosing contractors. Under the Michigan Jobs First order, Whitmer wants to ensure the state is giving Michigan…

The U.S. Department of Agriculture is preparing to roll out another $16 billion in aid to farmers hurt by the Trump administration's trade war with China, with payments to begin next month.The second round of tariff-aid payments will give time for President Donald Trump to strike trade deals,…

President Donald Trump has used tariffs as a means to an end for the past three-plus years.The Trump administration sought to level the economic playing field and usher in new trade deals with perceived adversaries, mainly China and Mexico.But the automotive industry has struggled under the trade…

Hundreds of billions of dollars in tariffs on Chinese goods imposed by the Trump administration didn’t achieve the central objective of reversing a U.S. decline in manufacturing, economic data shows.

Matt Stutzman planted 700 acres of winter wheat in recent weeks across his family farm as usual. The 2,000 acres of clay loam soil see a mix of soybeans, corn and winter wheat as reliably as the sun rises and sets on Stutzman Farms Inc. in and around the village of Blissfield in Lenawee County.The…

The iconic motorcycle company is pulling out of India as it struggles to sell its two-wheelers.

Innovations gave the U.S. a trade advantage in goods many years ago. Can innovations do the same for trade in services for the U.S.?