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25
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1answer
7k views

Will taxing EU-made cars at 25% invert the US-EU trade deficit? [closed]

Trump claimed at a rally in West Virginia yesterday that taxing European Union cars at 25% would take the 151bn dollars trade deficit (with the EU) and turn it on its head, i.e. into a US surplus of ...
1
vote
1answer
433 views

Quasi-consensus among economists that neither trade deficits nor surpluses are necessarily 'good' or 'bad' for an economy?

The BBC has a story that says: Economists generally agree that neither trade deficits nor surpluses are necessarily 'good' or 'bad' for an economy. Is there some way to verify there's a level of ...
7
votes
1answer
709 views

US trade deficit and the iPhone

CNBC has an article arguing that the way the US trade deficit with China is quite misleading, particularly as to the ultimate source of the deficit, using the iPhone as an example: Some $70 billion ...
3
votes
0answers
178 views

Are some vegetables from China being labeled as “Product of New Zealand” in Australia?

There are a number of claims going around on Facebook that foods purchased in Australia which are labelled as being from New Zealand are from China. This 2014 article in Macro Business explains: ...
7
votes
0answers
702 views

Toy sleeping cats/dogs made from real dog/cat fur?

This one is doing the rounds on Facebook: PLEASE don't buy these. You know the little fake sleeping cat or dog that looks real? It IS real.........Real dog and cat hair. And the animals the fur ...
19
votes
1answer
885 views

Is 90% of world trade conducted on WTO terms?

The European Union is, among many other things, a large free trade block with few barriers to cross-country trade within it. The United Kingdom has voted to leave the EU and is currently trying to ...