Free Trade
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X @Bloomberg
Bloomberg· 2025-12-01 12:08
The North American free trade trade deal is up for review next year, and one expert is urging Canada to get to be ready for maximum Trump leverage https://t.co/tICaiyUrFB ...
What Economists Got Wrong on Tariffs
Bloomberg Originals· 2025-11-21 09:01
Credit where credit's due, President Trump made a big bet that the US had a magnetic appeal and that would enable him to get a better deal from US trade partners and companies that want to do business in the United States. On the evidence of the last few months, that bet is playing out pretty nicely. Did the economics profession get it wrong on tariffs or is the impact just delayed.Economists don't agree on much. One thing they do agree on is that free trade is good and that tariffs are bad. If we were to t ...
X @Bloomberg
Bloomberg· 2025-11-19 01:52
“The real winner of rules-based free trade has been China” and the US has never met a competitor with a similar scale and willingness to reorder the world, says Singapore’s top diplomat Vivian Balakrishnan in an interview at the #NewEconomyForum in Singapore.Follow the latest, news and updates here: https://t.co/UmzuzSob5x ...
X @Bloomberg
Bloomberg· 2025-11-19 01:28
RT Bloomberg New Economy (@BBGNewEconomy)"The real winner of rules based free trade has actually been China." @VivianBala #BloombergNewEconomy @MyStephanomics⏯️ https://t.co/Sqkf8dKmnN https://t.co/XSRtezW5ut ...
X @Balaji
Balaji· 2025-11-07 15:38
I understand this argument, but the counterargument is simply scale.Empirically, multi-ethnic ideological empires like Rome, the British Empire, Napoleon’s France, the Soviet Union, and the US defeated smaller monoethnic nation states.They defeated them militarily, culturally, economically, and ideologically. And then integrated them. Thereby setting the laws, including the laws of the marketplace.Of course, in each case, rapid imperial expansion may well have laid the seeds of future collapse. But the smal ...
This city in South Korea says it's been devastated by Trump's steel tariffs
NBC News· 2025-10-29 01:18
This is Poan. It's a port city on the southeastern coast of South Korea. Population around half a million.관세가 지금 50% 이상 관세가 계속 지속되면은 우선 여기에 있는 철강 산업의 중요한 그런 업계의 업계가 문을 닫거나 앞으로이 사업을 포기해야 될지도 모릅니다. That right behind me is Pasco. It's the largest steel company in the city and actually one of the top 10 in the world.The mayorid >> 철강 산업이 여러 가지 그 1차, 2차, 3차 이렇게 생태계를 조성하고 있는데 그 생태계가 잘못하면 깨질 수가 있다. 이거지. 그걸 이제 걱정했 대통령이 여기 한번 하셨으면 좋겠어요.이 바로 한 30밖에 안 걸리니까 우리가 그동안에 미국하고 국제 사회가 한국을 포함해서 자유 무역을 통해서 서로 상호 발전할 수 있는 그러한 시장 ...
Ex-Trump adviser: Current economy makes you 'feel proud to be an American'
Youtube· 2025-10-28 05:45
Let's talk to our geniuses. Art Laugher, former Reagan economist. Steve Moore, host of More Money on WABC radio.Arthur, how did I do. Did I get this right. I mean, profits are the mother's milk.>> You did great. >> The discount rate. I got I got it all in there, man.I learned it from you 50 years ago. >> You did it perfectly. You know, it's amazing, Larry, how both religion and stock prices are driven by profits.>> Religion. >> I'm sorry. I'm sorry.I had to say that. I've been preparing for that for days. I ...
Ontario Premier Doug Ford: Reagan is ‘spinning around in his grave’ over Trump’s tariff policy
NBC News· 2025-10-27 21:13
Joining me now is Ontario Premier Doug Ford. Um, thank you so much for being here at this critical time. You've said that you don't regret running the ad. Um, if so, why did you agree to stop running that ad if you don't regret it.>> Well, I mean, first of all, thank you for having me on. I start every interview saying that I love Americans. I spent 20 years of my life.Canadians love Americans, and I know Americans love Canadians. Uh my intention of running that ad is to inform uh the American people and ge ...
Why This Canadian Ad With Reagan's Voice Angered Trump | WSJ News
WSJ News· 2025-10-24 21:12
Trade Policy & International Relations - The ad from Ontario, Canada quoted former President Ronald Reagan on the perils of protectionism and tariffs [1] - The Reagan Foundation stated the ad misrepresented Reagan's comments, but a closer look suggests otherwise [2] - Reagan's administration generally favored free trade, participating in discussions that led to the World Trade Organization [5] - Trump criticized the ad and threatened to cut off trade discussions with Canada [6] - Ontario Premier Doug Ford paused the ad campaign to facilitate trade talks with the US [6] - The US and Canada are discussing reducing US tariffs on Canadian steel and aluminum [7] - A review of the US Mexico Canada free trade agreement is scheduled for next year, injecting tension into negotiations [7] Tariffs & Trade Barriers - Tariffs can offer short-term protection but hurt American workers and consumers in the long run [3] - The US once imposed a 100% tariff on Japanese semiconductors due to concerns about dumping [4] - Reagan generally opposed tariffs, viewing them as a bad policy decision [4]
X @Bloomberg
Bloomberg· 2025-10-20 07:50
India’s central bank is taking active steps to allow free-trade partners to settle transactions with it more easily in the rupee, a person familiar with the matter says https://t.co/yXHQ6I5IDX ...