No New Cold War
Many people are talking about a new “cold war” between the USA and China. I don’t see it. One reason I reject this hyperbole is […]
Viral Depression
The current viral depression is unprecedented in world history. We have seen occasional epidemics. We have seen periodic depressions, but this crisis combines the two […]
Coronavirus Hastens Financial Crisis
Last week global financial markets woke up to the far-reaching economic consequences of the latest new coronavirus (COVID-19) epidemic spreading from China to the rest […]
Trump’s Trade War Hastens Financial Crash
Fresh negotiations are again underway between the U.S. and China to try to resolve the deepening trade conflict between the world’s two greatest economies. Prospects […]
The Lingering Death of Global Liberalism
Most pundits see the U.S.-China trade conflict as a specific event with specific causes and therefore, potentially, specific solutions. Increasingly, I doubt it. It is […]
Fake Negotiations
President Trump never intended to resolve the trade war he created with China. Instead, he will leverage his tariffs to blackmail China into following his way. […]
Trump’s Failing Trade War
President Trump’s political theater follows a pattern. He creates a crisis and then tries to become the hero for solving it. It is like starting […]
The Broader Political-Legal Impact of Cohen’s Testimony
As I anticipated last week, the Republicans discredited themselves and yet failed to defend President Trump. None of them showed any real interest in the […]
Dim Prospects for Resolving U.S.-China Trade Conflict
Last week a telephone conversation between President Donald Trump and President Xi Jinping raised hopes that the two might settle their trade differences and thereby […]
Trump’s Murky Trade War End Game
This week President Donald Trump intensified his trade war with China, adding to tariffs imposed earlier this year so that about half of all Chinese […]
Translating Trump on Trade
https://news.cgtn.com/news/3d3d674e79516a4d7a457a6333566d54/share.html Opinion: Translating Trump on trade Editor’s note: James H. Nolt is an adjunct professor at New York University. He has been a senior fellow […]
China’s Debt Bubble Ready to Pop?
The U.S.-China trade war may hasten a Chinese financial crisis that has been bubbling up for some time. Public and private debt has been ballooning […]
Trump’s Bullheaded Protectionism Will Endure Until He Falls
Now that President Donald Trump seems determined to implement his protectionist trade strategy against much of the world, people are starting to speculate about the end game. […]
The Global Crisis in Trade . . . Theory
Sometimes words fail us. Sometimes theories do too. We are currently headed into an unprecedented crisis in the world trading system that is not simply […]
The Myth of Predatory China
U.S. President Donald Trump continues to believe it is politically advantageous to push a trade war with China, so preparations for it are accelerating. Last […]
More Than Meets the Eye at the Singapore Summit
From the beginning of his presidential campaign, it’s been clear that Donald Trump is a hardcore economic nationalist. His recent trade actions with regard to China and various […]