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GED Explains: Border Adjustment Tax
Can Trump use a border adjustment tax to reduce the US trade deficit?

One of the keystones of economic policy for the new US government is what is referred to as a border adjustment tax, which acts as a combination of higher import taxes and export subsidies. But how would this work and does it make sense? GED Explains! More ...

Editor's own creation based on Global Panorama @ and Gage Skidmore @ Editor's own creation based on Global Panorama @ and Gage Skidmore @ und

Xi vs. Trump – Reshuffling Global Economic Relations?
US-China relations will have considerable influence on future global developments

In 2004, the economist Oded Shenkar labeled the 21st century as the “Chinese century”. Today, it is safe to say that he was right. So where does that leave the United States? Let's find out! More ...

Montage Global Panorama / Gage Skidmore Montage Global Panorama / Gage Skidmore and

In the Era of Trump, Will China Take the Lead on Free Trade?
Do not enter the “dark room“ of protectionism!

While the United States has been a strong supporter of free trade and open markets for decades, China is a country rather known for its far-reaching industrial policies, more often than not on the brink of protectionism. Are these roles about to change? More ...

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Why the USA Needs a Current Account Deficit
Could Trump's protectionist plans be doubly harmful?

Once he has taken office in January 2017, Donald Trump is planning to implement protectionist measures in order to reduce the American current account deficit and thus boost the US economy. In this post we will show that the USA actually needs a current account deficit at the moment. This is the only way of financing the high level of consumption and investment. More ...