North America | Featured Articles

Worsening Labor Shortage Demands More Immigrants
Labor | Monday, February 04, 2019

The exceptionally low unemployment rate is good news for American workers. But it contributes to a growing problem: companies can’t find enough employees. This puts downward pressure on corporate and U.S. economic growth.

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The Trade Deficit with China Hit a New Record, and That’s OK
Trade & Finance | Thursday, January 17, 2019

In President Trump’s reckoning, international trade is a zero-sum game with distinct winners and losers. Exports are Team America’s points. Imports are the foreign team’s points. The trade account is the scoreboard, and the deficit on that scoreboard proves that the home team is losing at trade. Accordingly, the president considers blocking imports and promoting exports to be integral to effective trade policymaking.

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Prepare for Slower Growth and Greater Risks in 2019
Politics | Tuesday, January 01, 2019

2018 likely will be remembered for achieving solid economic growth, a highly volatile stock market, and an emerging trade war with China. In 2019 we can expect slower growth, continued volatility, and China to resist significant market-based reforms. These and other factors, combined with an environment of political uncertainty, could create greater risks.

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American Jobs, Trade and Our Future
Economy | Friday, December 21, 2018

Today, two seemingly opposite trends are gaining steam. The latest version of globalization is accelerating. Yet, at the same time, the United States and other countries are becoming more protectionist by erecting trade barriers at an alarming rate. What is the impact on the American economy and jobs?

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Trump’s Wall Will Not Stop Terrorism
Labor | Thursday, December 20, 2018

Chérif Chekatt murdered five people and wounded 11 in a recent terror attack in France before being killed by police. Shortly before the attack, President Trump argued with the incoming Speaker of the House Nancy Pelosi and Sen. Chuck Schumer over funding the border wall. Trump linked his earlier spat with the Democrats and the attack in France when he tweeted: “Another very bad terror attack in France. We are going to strengthen our borders even more.”

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Economic Growth, China and Uncertainty
World | Wednesday, October 10, 2018

The U.S. economy is estimated to grow by 3.1 percent this year, according to the Federal Reserve’s median rate, followed by 2.5 percent next year and 2 percent in 2020. The Wall Street Journal’s Economic Forecasting Survey of more than 60 economists indicates very similar projections.

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Digging in for a Long Fight
Politics | Wednesday, September 26, 2018

President Donald Trump frequently proclaims his desire to “drain the swamp.” In U.S.-China trade relations, however, he is steadily leading the United States into a quagmire from which it may be difficult to escape. Skepticism and hostility towards China among U.S. politicians and commentators existed long before Trump, but the intensification of the rhetoric, and aggressive actions taken in recent months, will be difficult to undo or pull back from, at least for this administration.

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Partners or Rivals? the Future of the US - China Economic Relationship
Economy | Saturday, September 01, 2018

It seems so long ago now, but towards the end of the Obama administration, government officials from the United States and China were working diligently to try to conclude a bilateral investment treaty (BIT). There was some uncertainty about whether the two governments would reach an agreement, as well as whether the U.S. Congress would ratify the treaty, but nevertheless, these two leading economic powers were working together towards a joint vision in an important area of global economic governance.

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Trade Casualties Mount: A New Strategy Is Required To Change Chinese Behavior
World | Friday, August 03, 2018

Trade casualties are mounting in both the United States and abroad as President Trump’s tariffs against imports from China, as well as from our allies, begin to be felt. Earlier we reported that U.S. steel producing industries, which employ approximately 140,000 workers, likely would benefit at the expense of the much greater U.S. steel-using industries, which employ 5.5 to 6.5 million U.S. workers. But recent reports indicate that even these U.S. steel producers are experiencing new difficulties as a result of the tariffs.

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A Temporary Respite From U.S.-EU Trade Tensions
Trade & Finance | Friday, July 27, 2018

On June 26, European Commission President Jean-Claude Juncker met with President Trump at the White House to talk about trade. Afterwards, to the surprise of many (including me), they held a press conference at which they said positive things about the U.S.-EU trade relationship. Then later, President Trump had five positive tweets about the meeting. It was more amicable than anything we’ve seen in U.S. trade policy for many months.

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Articles By Continent | North America

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