North America | Featured Articles

Don’t Underestimate Free-Market Capitalism
Economy | Saturday, March 30, 2019

American free-market capitalism has generated the greatest economic growth the world has ever seen. At the core of its brilliance is its ability to create incentives to produce solutions to problems and to distribute those solutions worldwide. In doing so, it has paved the way for tremendous gains in efficiency and productivity while lifting millions of people out of poverty.

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A Message For Trump On Trade: Get Real
U.S. | Sunday, March 17, 2019

Two back-to-back, stunning economic headlines arrived in less than twenty-four hours. The first appeared on March 5 in the Wall Street Journal: “U.S. Budget Gap Widened 77% in First Four Months of Fiscal Year.” Following on the heels of that shocker, Bloomberg on March 6 ran this headline: “U.S. Trade Gap Surged to $621 Billion in 2018, 10-year High.”

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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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Articles By Continent | North America

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