Treasury Secretary Scott Bessent wants trading partners to limit China’s involvement in their economies in exchange for concessions on reciprocal tariffs.

The economy was already stalling out before Liberation Day. A trade war on the entire world will only make everything worse.

And what can still be done about it

Macro Musings with David Beckworth · Episode

Government subsidies are an increasingly central issue for global trade, yet their nature and implications for international trade are still insufficiently understood. Using novel data from the OECD MAnufacturing Groups and Industrial Corporations (MAGIC) database, this column reveals that subsidies are common among major global firms across 14 key industrial sectors but typically modest relative to firm revenue, with notable exceptions. China-based companies stand out for receiving significantly larger subsidies, especially in the form of below-market borrowings, and frequently expanding their share in global markets.

Trump’s team consider financial policy interventions to be crucial in a grand reordering of global finance and trade

Few observers of Mexico and Brazil in the 1930s, or South Korea and Taiwan in the mid-1950s, would have predicted that these nations would become economic "..

Few non-western countries have reached the general prosperity of Western Europe and North America in the past two centuries. The core–periphery structure of the world economy created in the early deca...

The United States' strategy towards China is premised on an unending rivalry. Yet strategic competitions do end and America needs to imagine how its conflict with China might one day do so.

How the dollar has ruled the global economy no matter the crisis at home.

On Perry Mehrling’s “Money and Empire: Charles P. Kindleberger and the Dollar System”

How it broke the China tech mold

De-dollarization is apparently here, “like it or not,” as a May 2023 video by the Quincy Institute for Responsible Statecraft, a peace-oriented think tank based in Washington, D.C., states. Quincy is ...

A conversation with  the chief economist of the European Bank for Reconstruction and Development

Advocates say reopening pipelines could help settlement with Moscow and cut energy costs

China has displaced the United States from its traditional dominance as a major trading partner for most countries of the world.

BYD sold 6,191 cars in Singapore in 2024, ahead of Toyota's 5,736 and Tesla's 2,384.