‘Totally Silly.’ Trump’s Focus on Trade Deficit Bewilders Economists.
https://www.nytimes.com/2025/04/09/business/economy/trump-trade-deficit-tariffs-economist-doubts.html
Behind Trump’s new tariffs is a goal that is as ambitious as it is unrealistic: eliminating the bilateral trade deficit with every U.S. trading partner.
https://www.nytimes.com/2025/04/09/business/economy/trump-trade-deficit-tariffs-economist-doubts.html
Behind Trump’s new tariffs is a goal that is as ambitious as it is unrealistic: eliminating the bilateral trade deficit with every U.S. trading partner.
There Is No Method to Trump’s Tariff Madness
https://www.project-syndicate.org/commentary/no-method-to-trump-tariff-madness-by-andres-velasco-2025-04
US President Donald Trump's declaration of a global trade war has sent markets into a tailspin, yet he insists that there is no going back. Trump's behavior exposes the truth behind his tariff fusillade: it is not about the US economy but about his desire to exercise unilateral power around the world.
https://www.project-syndicate.org/commentary/no-method-to-trump-tariff-madness-by-andres-velasco-2025-04
US President Donald Trump's declaration of a global trade war has sent markets into a tailspin, yet he insists that there is no going back. Trump's behavior exposes the truth behind his tariff fusillade: it is not about the US economy but about his desire to exercise unilateral power around the world.
Navigating the Trump Storm by Mike Spence (Nobel Laureate in Economics)
https://www.project-syndicate.org/commentary/trump-trade-war-economic-implications-given-larger-headwinds-by-michael-spence-2025-04
With a variety of larger forces driving profound changes, the outlook for the global economy was cloudy even before Donald Trump's return to the White House added to the uncertainty. But one thing is clear: the previous era of global interdependence based on efficiency and mutually beneficial arrangements is over.
Trump’s Misguided Tariff Formula
https://www.project-syndicate.org/commentary/trump-absurd-reciprocal-tariff-formula-by-shang-jin-wei-2025-04
While US President Donald Trump claims his tariff war is based on a rigorous, country-by-country assessment, his so-called “reciprocal” tariffs rely on a bizarre formula that overlooks the fundamental realities of global trade. Investors, recognizing this, are voting with their feet.
https://www.project-syndicate.org/commentary/trump-trade-war-economic-implications-given-larger-headwinds-by-michael-spence-2025-04
With a variety of larger forces driving profound changes, the outlook for the global economy was cloudy even before Donald Trump's return to the White House added to the uncertainty. But one thing is clear: the previous era of global interdependence based on efficiency and mutually beneficial arrangements is over.
https://www.project-syndicate.org/commentary/trump-absurd-reciprocal-tariff-formula-by-shang-jin-wei-2025-04
While US President Donald Trump claims his tariff war is based on a rigorous, country-by-country assessment, his so-called “reciprocal” tariffs rely on a bizarre formula that overlooks the fundamental realities of global trade. Investors, recognizing this, are voting with their feet.