Biden Weighs Tariff Rollback to Ease Inflation, Even a Little Bit

While lifting some levies on China is unlikely to put a large dent in inflation, administration officials concede they have few other options to address surging prices.

#biden-joseph-r-jr, #china, #consumer-behavior, #customs-tariff, #inflation-economics, #international-trade-and-world-market, #protectionism-trade, #summers-lawrence-h, #united-states-economy

Export Bans on Malaysian Chicken and Indian Wheat Prompt Fears

Restricted so far in the name of domestic food security: Indian wheat, Malaysian chicken and Indonesian cooking oil. Experts warn of unwanted consequences.

#agriculture-and-farming, #far-east-south-and-southeast-asia-and-pacific-areas, #food, #food-insecurity, #indonesia, #international-trade-and-world-market, #malaysia, #protectionism-trade, #shortages, #singapore, #supply-chain

Pakistan Raises Fuel Prices in Effort to Stabilize Economy

The interim government’s move was seen as a bid to revive a $6 billion bailout from the International Monetary Fund.

#banking-and-financial-institutions, #demonstrations-protests-and-riots, #economic-conditions-and-trends, #inflation-economics, #international-monetary-fund, #khan-imran, #legislatures-and-parliaments, #oil-petroleum-and-gasoline, #pakistan, #politics-and-government, #protectionism-trade, #sharif-shahbaz

Yellen Calls on Europe to Boost Ukraine Aid

The Treasury secretary warned that Ukraine did not have enough funding to sustain its government and fend off Russia.

#brussels-belgium, #economic-conditions-and-trends, #embargoes-and-sanctions, #european-union, #group-of-seven, #international-trade-and-world-market, #politics-and-government, #protectionism-trade, #russian-invasion-of-ukraine-2022, #speeches-and-statements, #treasury-department, #united-states-economy, #united-states-politics-and-government, #war-and-armed-conflicts, #yellen-janet-l

Governments Tighten Grip on Global Food Stocks, Sending Prices Higher

Dozens of countries have thrown up trade barriers in the past two months to protect scarce supplies of food and commodities, but experts say the policies will only exacerbate a global food crisis.

#economic-conditions-and-trends, #embargoes-and-sanctions, #food-insecurity, #international-trade-and-world-market, #okonjo-iweala-ngozi, #protectionism-trade, #third-world-and-developing-countries, #war-and-armed-conflicts, #wheat

Republicans Say, ‘Let Them Eat Hate’

Don’t think culture war; think pogroms.

#child-abuse-and-neglect, #elections-senate, #illegal-immigration, #immigration-and-emigration, #protectionism-trade, #republican-party, #rumors-and-misinformation, #united-states-politics-and-government, #vance-j-d

Putin, Ukraine and the Illusion That Trade Brings Peace

Sometimes globalization ends up empowering autocracy.

#germany, #international-trade-and-world-market, #protectionism-trade, #putin-vladimir-v, #russia, #russian-invasion-of-ukraine-2022, #ukraine

Will the Ukraine War Spell the End of Globalization?

The seams of the global economic order were deeply frayed by the pandemic. Could this conflict cause it to unravel?

#debatable, #embargoes-and-sanctions, #international-trade-and-world-market, #protectionism-trade, #russian-invasion-of-ukraine-2022

Putin’s Economic Miscalculation With Ukraine

What will isolation do to the Russian economy?

#defense-and-military-forces, #economic-conditions-and-trends, #economics-theory-and-philosophy, #embargoes-and-sanctions, #internal-sub-only-nl, #international-trade-and-world-market, #protectionism-trade, #russian-invasion-of-ukraine-2022, #war-and-armed-conflicts

Status Anxiety Is Blowing Wind Into Trump’s Sails

The adverse economic developments resulting from trade imports that produced a sharp shift to the right are still wreaking political havoc. 

#democratic-party, #economic-conditions-and-trends, #international-trade-and-world-market, #north-american-free-trade-agreement, #presidential-election-of-2016, #presidential-election-of-2020, #protectionism-trade, #republican-party, #trump-donald-j, #united-states-economy, #united-states-politics-and-government, #whites

A Fresh Defense of Free Trade

A prominent Republican economist admits that open markets have hurt some people. But tariffs, he says, aren’t the answer.

#cass-oren, #conservatism-us-politics, #customs-tariff, #hubbard-r-glenn, #internal-sub-only-nl, #international-trade-and-world-market, #labor-and-jobs, #protectionism-trade

At Summit, U.S., Canada and Mexico Will Address Migration

After a five-year hiatus, the meeting of North American leaders will also provide a forum to discuss trade disagreements and vaccine sharing.

#biden-joseph-r-jr, #canada, #immigration-and-emigration, #mexico, #north-america, #protectionism-trade, #united-states-international-relations, #united-states-politics-and-government, #united-states-mexico-canada-agreement

For Clean Energy, Buy American or Buy It Quick and Cheap?

President Biden says slowing climate change will create jobs. Tension between unions and environmentalists shows it’s not so simple.

#albany-ny, #alternative-and-renewable-energy, #environment, #factories-and-manufacturing, #international-trade-and-world-market, #labor-and-jobs, #law-and-legislation, #new-york-state, #organized-labor, #protectionism-trade, #united-states-politics-and-government, #windmills

Wind Project Shows Democratic Tensions Over Energy

President Biden says slowing climate change will create jobs. Tension between unions and environmentalists shows it’s not so simple.

#albany-ny, #alternative-and-renewable-energy, #environment, #factories-and-manufacturing, #international-trade-and-world-market, #labor-and-jobs, #law-and-legislation, #new-york-state, #organized-labor, #protectionism-trade, #united-states-politics-and-government, #windmills

What Bidenism Owes to Trumpism

The Biden agenda tries to seize the populist opportunity that Trump let slip away.

#american-jobs-plan-2021, #bannon-stephen-k, #biden-joseph-r-jr, #customs-tariff, #democratic-party, #federal-budget-us, #federal-taxes-us, #inflation-economics, #infrastructure-public-works, #nationalism-theory-and-philosophy, #protectionism-trade, #republican-party, #trump-donald-j, #united-states-economy

E.U. and U.K. Fight Over Covid Vaccines: ‘Solidarity Is Failing’

As vaccine production falls behind schedule, and the European Union lags in inoculating people, Brussels and London are lobbing threats and accusations at each other.

#astrazeneca-plc, #belgium, #biontech-se, #coronavirus-2019-ncov, #europe, #european-union, #factories-and-manufacturing, #great-britain, #oxford-university, #pfizer-inc, #protectionism-trade, #vaccination-and-immunization

U.S. Election Results Are Welcomed in Canada

Joseph R. Biden Jr. and Kamala Harris both have warm ties to Canada, and are more in line with Canadian views on issues like climate change.

#biden-joseph-r-jr, #harris-kamala-d, #presidential-election-of-2020, #protectionism-trade, #trudeau-justin, #trump-donald-j, #united-states-international-relations, #vice-presidents-and-vice-presidency-us

Why the Election Worked Out Well for Libertarians and Deficit Hawks

Libertarians are pleased to have likely dodged the bullet of one-party government control.

#biden-joseph-r-jr, #immigration-and-emigration, #libertarianism-us-politics, #national-debt-us, #presidential-election-of-2020, #protectionism-trade, #united-states-politics-and-government

After Trump, Will International Relations and Trade Ever Be the Same?

And it won’t come back even if and when he’s gone.

#biden-joseph-r-jr, #customs-tariff, #north-atlantic-treaty-organization, #presidential-election-of-2020, #protectionism-trade, #trump-donald-j, #united-nations-framework-convention-on-climate-change, #united-states-international-relations, #world-health-organization, #world-trade-organization

Trump, Biden and ‘Made in USA’: Same Refrain, Varying Notes

Joe Biden’s economic proposals show how the president has shifted the playing field toward protectionism. But there may be fewer jobs to lose, or regain.

#biden-joseph-r-jr, #china, #customs-tariff, #international-trade-and-world-market, #outsourcing, #presidential-election-of-2020, #protectionism-trade, #relocation-of-business, #trump-donald-j, #united-states, #united-states-economy

Why Are Republicans Warping ‘the Very Heart and Soul of Conservatism’?

Libertarian friends and free-market thinkers are being purged from the coalition.

#american-enterprise-institute-for-public-policy-research, #cass-oren, #conservatism-us-politics, #hawley-josh-d-1979, #libertarianism-us-politics, #protectionism-trade, #reagan-ronald-wilson, #republican-party, #rubio-marco, #trump-donald-j

Trump’s Attacks on TikTok and WeChat Could Further Fracture the Internet

The president’s restrictions on Chinese tech may be part of an eye-for-an-eye logic called reciprocity. The price could be a global patchwork of online fiefs.

#alibaba-group-holding-ltd, #china, #computers-and-the-internet, #facebook-inc, #google-inc, #protectionism-trade, #social-media, #tiktok-bytedance, #trump-donald-j, #united-states, #united-states-international-relations, #wechat-mobile-app

A Global Outbreak Is Fueling the Backlash to Globalization

As the coronavirus spreads around the world, companies are seeking alternatives to making goods in China, while right-wing political parties fulminate against open borders.

#coronavirus-2019-ncov, #european-union, #factories-and-manufacturing, #immigration-and-emigration, #international-trade-and-world-market, #protectionism-trade, #united-states-economy, #united-states-politics-and-government