Donald Trump just added two key players to his economic team. Jamieson Greer, a lawyer from Washington, has been chosen to be the new US trade representative. Greer is no stranger to trade policy; he used to work closely with Robert Lighthizer, who was the trade representative during Trump's first t
Former U. S. Treasury Secretary Steven Mnuchin has made it clear that he won't be a part of President-elect Trump's new administration. However, he's eager to share his insights with whoever takes over his old role. Mnuchin feels strongly about maintaining and improving the United States' trade poli
Tariffs can really slow down economic growth, making a country less rich than it could be. Free trade helps boost wealth by letting nations make things they're best at. The U. S. excels at making advanced planes, like those from Boeing, and high-tech chips, like ones made by Nvidia. Plus, it's cheap
Germany's finance minister, Christian Lindner, has a clear message: if the U. S. starts a trade war with the European Union (EU), Germany is ready to fight back. Speaking at the International Monetary Fund's annual meeting in Washington D. C. , Lindner said that trade disputes don't have winners, on
Treasury Secretary Janet Yellen is going to speak up against the idea of widespread tariffs, labeling them as a bad move. She'll be talking at the Council on Foreign Relations in New York City tomorrow afternoon. Just a few weeks before the election, voters care a lot about the economy. Trump's been
Have you ever wondered why some people love tariffs, while others hate them? It's all about perspective. Tariffs have been around since ancient times and were once a big way for governments to make money. But now, they’re not so popular. Many argue that removing trade barriers helps economies grow a
It's a no-brainer that connected vehicles have brought about numerous benefits, such as improved safety and enhanced navigation. However, this influx of technology has also brought forth new and escalating threats to our national security. The Biden administration has taken a crucial step to address
The US Commerce Department has proposed a ban on the sale and import of smart vehicles that use specific Chinese or Russian technology due to national security concerns. This decision was made after a government investigation found that these technologies pose a range of national security risks, inc
You've probably heard that free trade is good for everyone. But what if it's only good for some? This article argues that America's recent foreign policy, focused on free trade and open borders, has actually hurt American workers. It claims that while CEOs and investors have seen their profits skyr
