State Department role not limited to diplomacy

Mar 13, 2018
International reaction to President Trump’s firing of Secretary of State Rex Tillerson has been muted. One of the few public statements today came from Germany’s deputy foreign minister, who said it would not improve ties with his country. The State Department will face some tough challenges globally in the months ahead — everything from North […]

What does protectionism mean for the future of the American economy?

Mar 9, 2018
It's a trade policy that protects domestic interests over international trade. But at what cost?
Surrounded by applauding steel and aluminum workers, President Donald Trump holds up the Section 232 Proclamation on steel imports that he signed at the White House on March 8.
Chip Somodevilla/Getty Images

Tariffs may help Big Steel, but hurt the smaller manufacturers

Mar 7, 2018
"What's good for the goose is not necessarily good for the gander," says Delaware Steel CEO.
The United States Steel Corp. plant in Clairton, Pennsylvania. In a controversial move that has angered European Union leaders, President Donald Trump has announced a plan to place tariffs on steel and aluminum imports.
Spencer Platt/Getty Images

Are trade deficits bad for an economy?

Mar 6, 2018
President Donald Trump was back on the topic of trade today. Taking questions at the White House, he said that the United States “has been taken advantage of” on trade. And he doubled down on his promise to impose tariffs on steel and aluminum imports. They are needed, he said, because of trade deficits. But […]

How seriously should the world take this tariff talk?

Mar 5, 2018
The tariffs President Donald Trump has been talking about could ignite a trade war.
Major stock indexes plunged following President Donald Trump's announcement that he was imposing a 25 percent tariff on imported steel and 10 percent on aluminum. 
Eduardo Munoz Alvarez/Getty Images

Are we moving away from a global free market?

Mar 2, 2018
We look at how tariffs could affect current trade deals after Trump's surprise announcement this week.
President Trump participates in a meeting with leaders of the steel and aluminum industries at the White House on March 1.
Win McNamee/Getty Images

Trump’s trade wars tweet theory

Mar 2, 2018
President Donald Trump tweeted that “trade wars are good, and easy to win,” adding that “when we are down $100 billion with a certain country and they get cute, don’t trade any more-we win big. It’s easy!” So, if you play that out a bit, looking at one of the countries we currently trade with, […]

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A helpful guide to trade terminology

Mar 2, 2018
Definitions for a few common terms you may hear in the debate over the recently announced steel and aluminium trade tariffs.
The World Trade Organization, headquartered in Geneva, acts like a referee. 

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Fabrice Coffrini/AFP/Getty Images

U.S. steel and aluminum tariffs could draw swift retaliation

Mar 1, 2018
In announcing the tariffs today, President Trump said they are necessary for national security.