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Questions tagged [trade]

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8
votes
0answers
551 views

Is the US saving enough money from the USMCA to pay for the Wall?

President Trump just tweeted this: I often stated, “One way or the other, Mexico is going to pay for the Wall.” This has never changed. Our new deal with Mexico (and Canada), the USMCA, is so much ...
25
votes
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
436 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
720 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
183 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
759 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 ...
20
votes
1answer
996 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 ...