An article from the economics section of The Economist on free trade. It focuses on America's lost decade and the role of liberalization of trade in it.
Small and medium enterprises are very important to the international economy , and economists are always looking for more businesses of this size.
Smaller businesses are important to maintain a variety of choices for consumers worldwide. This article delves into this aspect of international trade.
This article discusses a problem that can arise from international trade. The US is upset because China, among other countries, has been exporting vast numbers of solar panels to the United States. This has crippled the US' solar panel industry causing companies to ask Obama to formalize a complaint.
This article talks about how foreign markets are threatened by the possible creation of a transaction tax for international trade among EU-countries and non-EU-countries, what would incentive the local commerce in europe and favor a protectionist policy in all Europe.
China is intervening in currency markets to make its own currency cheaper, which allows for chinese goods to be less expensive then in the USA. The U.S. Senate is seeking an official investigation into this and if it concludes that China is keeping its currency artificially low then retaliatory tariffs will be set in place.
This is a NYT editorial article written in June addressing the issue of a looming trend of protectionism. The big trading nations' patience with the open market is wearing thin with the sluggish economic recovery. However, it is crucial that the world stays committed to the game with a sense of common purpose to survive the economic crisis. Protectionism brings disruptions of the international supply chains and reduce economic activity.
This article discusses international trade between the US and China. This article talks about differences in currency value between the two countries and how the US is trying to solve these currency imbalances in order to lower unemployment in the US.
This article allows a brief overview of investment in Japan from a UK perspective and highlights some of the advice available from UKTI and JETRO. A UK Trade and Industry (UKTI) sponsored seminar, Doing Business in Japan, scheduled for October 2011 is a reminder that post Tsunami Japan remains a key UK business market.
There is a risk of a double-dip recession because of the chronic lack of aggregate demand and the failure of the austerity packages provided by the European countries.
This article talks mainly about all the economical problems, especially deficits, between European countries and who is to blame for it. And what should we do? Well one statement was: "it will be only a matter of time before one or more countries resort to protectionism. That could, as in the 1930s, lead to a disastrous collapse in activity around the world," He definitely prefers free trade and thinks it is important to focus on a collaborative strategy, so countries should help each other out in these hard economic times instead of work against each other.
This article details the reduced appreciation of the chinese yuan possible due to accelerated outflow of international capital. This doesn't pose any serious threat to chinese industry or trade but does show a pessimistic outlook on the Chinese economy. HOwever this reduced appreciation of the chinese yuan could force the government re-evaluate its exchange rate mechanism.
The Association of Equipment Manufacturers (AEM) celebrate the policies taken by the American congress which will help them compete in new markets and will create employment thanks to the bennefits from this expansion.
This article talks about how the self-developed protectionism (with a combination of tariffs and legislation in favor of domestic supply) of the brazilian economy is threatening its economy.
"According to the National Carmakers' Association, poor infrastructure and pricey credit and labour mean that making cars is 60% more expensive in Brazil than in China. Local manufacturers have long relied on high tariffs."
I understand why Brazil wants to protect their car industry, however shouldn't it be time to look at why there is such high foreign competition, maybe if they would use the revenue the government earns from the tariffs, they could implement training programs or educational programs to increase workers productivity and therefore in the long run decrease the prices consumers have to pay.