trade

24 posts
China’s Imbalanced Trade with the United States, in Four Charts

A trade war could be looming between the United States and China, fueled by President Trump’s fixation on the two nations’ unbalanced import-export relationship. The trade imbalance between the two countries — which might not hurt the United States that much — stems from the fact that China sells more to us than it buys, essentially. That’s largely driven by macroeconomic factors, not some malicious intent: China is a low-cost manufacturing powerhouse,...

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The Curious Case of South Korea’s Vanishing Washing Machine Exports

The Trump administration last week announced that it planned to impose higher fees, known as tariffs, to countries that export washing machines and solar panels the United States. The tariffs, prompted by complaints from American companies who feel disadvantaged by global trade, were applied across the world — even though they seem primarily aimed at two nations who dominate the market: China and South Korea. That’s in part because both countries...

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The Curious Case of South Korea’s Vanishing Washing Machine Exports

The Trump administration last week announced that it planned to impose higher fees, known as tariffs, to countries that export washing machines and solar panels the United States. The tariffs, prompted by complaints from American companies who feel disadvantaged by global trade, were applied across the world — even though they seem primarily aimed at two nations who dominate the market: China and South Korea. That’s in part because both countries...

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America Imports Lots of Stuff from China, Including Christmas Decorations

Last year, the United States imported more than $460 billion in goods — clothes, toys, gadgets, you name it — from China. Of course, our Christmas decorations were on that list, too. Some $2.2 billion in fake trees, miniature lights and assorted ornaments came from the Middle Kingdom last year, according to the U.S. Census Bureau’s detailed trade database. The Christmas trade in ornaments is big business. It skyrocketed in the...

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