Protectionism

Tweet … is from page 48 of John Stuart Mills 1825 essay The Corn Laws, as this essay is reprinted in Essays on Economics and Society Part I, which is volume IV of The Collected Works of John Stuart Mill (Indianapolis: Liberty Fund, 2006): It will scarcely, …

ANKARA-Anadolu Agency Turkey breaks export records despite global trade wars and rising protectionism, the country's trade minister said on Aug. 6.  "Turkish exports go through the hardest period but we continue to hit records thanks to steps taken by the g…

Now its getting serious. Monday saw the worst day for U.S. stocks so far this year after President Trump announced new tariffs on Chinese imports last week and China responded by allowing its currency to fall to its lowest level in a decade. The benchmark…

Tweet … is from page 89 of Pierre Lemieuxs superb 2018 monograph, Whats Wrong With Protectionism?: It should be fairly obvious by now that the common objections to free trade are without economic foundations. They ultimately rest on a nationalist and interv…

Getty Images Topline: Stocks across the U.S. and Asia are stabilizing after falling sharply on Tuesday in response to the U.S. officially branded China as a currency manipulator. It came after China's central bank allowed the yuan to fall to its lowest level…

LONDON (Reuters) - A freer-floating yuan could be a positive for China’s sovereign credit rating, agency Fitch said on Tuesday, by helping preserve its foreign exchange reserves and cushioning some of the negative effects of U.S. trade tariffs. Andrew Fenne…

BEIJING - China's yuan has fallen further against the U.S. dollar amid fears about mounting economic damage from Beijing's trade war with President Donald Trump. The yuan declined to 7.0562 to the dollar in early trading Tuesday, a day after Beijing allowed …

In March 2018, just weeks after President Donald Trump announced plans to place tariffs on imported steel, the India-based company JSW Steel announced plans to spend $500 million to expand its steelmaking plants in America. A huge victory for "America First"…

US dollar Franklin and China Yuan of Mao bank notes Getty Images Topline: The U.S.-China trade war is heightening after the value of China's yuan fell to an 11-year low of seven to one dollar with Beijing facing accusations that it is weaponizing its curre…

The trade wars aren’t working out very well this morning.U.S. markets are stumbling in early-morning trading Monday after China let its yuan weaken to its lowest level against the dollar since the 2008 financial crisis. China’s central bank, which sets parame…