Tag: Economics
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What to Expect From Trump’s Trade Policy
President Donald Trump has followed through on his promises to impose new tariffs on Canada, Mexico, and China in a stated effort to combat illegal immigration and the drug trade. Though Mr. Trump and the leaders of Mexico and Canada have agreed to a delay as they engage in negotiations, tariffs on China have taken
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Countering China’s Economic Might
China’s economic heft presents unique challenges that go well beyond traditional defense. According to the International Energy Agency, China’s investment in manufacturing has increased about 600% since 2005, and its share of value added in global manufacturing has almost tripled. As a result, China now generates one-third of global value added in manufacturing and has
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