ECONOMIC POLICIES, ANALYSIS, AND RESOURCES
The Economic and Trade Policy Domain tracks and reports on policies that deal with budget, taxation, and finance issues. The domain tracks policies emanating from the White House, Congress, the Department of Commerce and the Department of Treasury.
Latest Economic and Trade Policy Posts
China Prepares to Shield Economy from Effects of U.S. Trade War
Recent reports indicate that China has temporally ceased its work on the structural reforms on national economic systems and is shifting its focus to policies that are more geared to supporting general economic growth.
Trump Administration Flip Flops on Tariffs’ Imposition
The administration decided to implement 25% tariffs on 50 billion USD of Chinese goods, despite Treasury Secretary Mnuchin indicating last week that the “trade war” would be put on hold. The tariffs are meant to address “China’s discriminatory and burdensome trade practices.“ The targeted goods contain “industry significant technology” and are related to the “Made in China 2025 program” – a strategy approved by the Chinese State Council designed to transform China into a “high tech powerhouse” in industries like robotics, Artificial Intelligence, information technology, sensors and energy.
US and China Concludes Second Round of Trade Talks Despite Internal Divisions and Confusion
On the weekend May 18-21, a team of Chinese delegates lead by the CCP’s Vice Premier and economist Liu He met with representatives from the Trump administration to discuss trade policies and advert a potential trade war.
Investigating Trump’s Economy
Brief # 14 This past week, the United States Department of Labor reported the unemployment rate fell to 3.9% - a 17-year low. This makes the 3.8% target by the end of 2018 well within reach for the Trump administration and the Federal Reserve. Furthermore, nonfarm...
The Trump Administration’s New Tariff’s
Since the beginning of 2018, the Trump administration has been enacting a series of tariffs, on a variety of foreign products, intellectual property rights, and technology services.
Merkel and Macron Make Last Ditch Effort to Prevent US Steel Tariffs
On May 1st, 2018, the US tariffs on aluminum and steel imports from the EU are set to take affect. The above-mentioned tariffs are an appeasement to the US Steel industry, which has been affected by increased globalization throughout the second half of the 20th century.
Congress Kicks the FY2018 Budget Can Down the Road As Trump Releases FY2019 Goals
The US government shut down, again, for only a few hours last Friday while Congress worked overtime hashing out another Continuing Resolution that funds federal operations through March 23, along with a 2-year spending bill, both signed into law by Trump on the morning of February 9. The shutdown had little effect during…
Tariffs on Solar Components, Washing Machines Part of Trump’s Protectionist Agenda
New tariffs on imported solar panels and modules and on washing machines, announced by the Trump administration on January 22, will come into effect on February 7. The tariffs are among the first unilateral trade restrictions imposed by the administration as part of a broader protectionist strategy that treats “unfair trade…
A Review of Trump’s 2018 State of the Union Speech
There were a plethora of talking points President Trump had during his State of the Union, including lowering the cost of prescription drugs and revitalizing our nuclear weapons program to deter rogue actors such as North Korea. Although these two issues may seem very important the Trump administration prioritized two other…