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Economics

The President Didn’t Always Have Power Over Trade Deals

Until the 1930s, it was Congress that set the terms of U.S. trade negotiations with other countries and raised and lowered tariffs as it saw fit, while the president did little but sign his name.

William Hauk

Economics

Can Economic Pressure Curb Jair Bolsonaro’s Anti-Indigenous Agenda?

An impending trade deal with the E.U. has instigated further pushback from non-governmental organizations and local activists against any deal with the Brazilian government.

Sue Branford

Hengshan Hao and Dengyumei Du, originally from China, listen to Fidel Asis Lopez as they visit the Little Havana neighborhood on May 28th, 2019, in Miami, Florida.

Economics

Trade Tensions Between the U.S. and China Are Hurting the American Tourism Industry

Customs data collected by the American agency show that the U.S. received 2.9 million Chinese visitors in 2018, down 5.7 percent from the year before.

Linda Poon

Tomatoes are seen at a market in Mexico City, Mexico, on May 9th, 2019.

Trump’s Mexico Tariffs Could Start Another Trade War, Economists Warn

This round could be even more costly for U.S. agriculture and consumers.

Emily Moon

On the eve of renewed sanctions by Washington, An Iranian protester burns a dollar banknote during a demonstration outside the former U.S. embassy in the Iranian capital of Tehran.

Economics

Inside the United States’ Decades-Long Economic War With Iran

As a potential armed conflict looms, one expert takes a look at the sanctions that have been most devastating to innocent civilians.

David Cortright

Chinese Foreign Minister Wang Yi (R) speaks during a press conference with U.S. Secretary of State Mike Pompeo.

Economics

What’s Behind China’s Hardline Stance in Trade Negotiations With the U.S.?

Relations between the two nations have deteriorated sharply in recent days, leading some to suggest that we are on the brink of a new cold war.

Penelope B. Prime

China's President Xi Jinping and U.S. President Donald Trump.

Economics

Who Are the Winners and Losers of Trump’s Trade War With China?

While we have seen job growth in parts of the manufacturing sector, wages have continued to stagnate and consumer product prices look set to increase.

Jeffrey Kucik

A farmer harvests soybeans in Owings, Maryland.

Trump’s Plan to Bail Out Farmers During the Trade War Could Backfire

Corn and soybeans—the crops that have been hardest hit by the tariffs—are typically used for animal feed, not human consumption.

Emily Moon

Amazon soil sits in the foreground at the Bom Futuro open air tin mine.

Economics

A New Report Urges the E.U. to Take Economic Action to Curb Amazon Deforestation

Environmental groups argue that Europe should use trade leverage to prevent the Brazilian government from furthering the destruction of the rainforest.

Sarah Sax

Economics

Millions of Acres of the Amazon Are at Risk Due to the Trade War Between the U.S. and China

The feud's effect on the soybean trade could be the main culprit behind increased destruction of the Amazon.

Sarah Sax