Until recently, the gains from commercial use of space manifested primarily in the growing use of satellites that enable precise navigational maps in your car and the dish on your roof to channel satellite television into your home. A new era is dawning in which private companies routinely launch payloads into space. We’re a long way off from having the framework of rules we might need here on Earth to accommodate the take off of the global space industry.
In its June 2018 report, the White House creates a taxonomy of ways the Chinese government acquires American technologies and intellectual property to aggrandize Chinese productive capabilities, stand on the shoulders of American innovation, siphon information from open and proprietary sources, and enlist Chinese nationals to accrue knowledge through research arms of universities and companies in the United States.
It’s important to first understand what a tariff actually is and does before we can determine whether Trump’s new trade barriers are good or bad.
Production limits and price-setting means Canadian milk drinkers pay significantly more than they would in a free market. Conversely, for certain lucrative and in-demand dairy product ingredients, Canadian dairy boards have set prices at or below international market prices. U.S. and other global dairy farmers have argued this offers Canadian exports an advantage in third markets, while driving global prices and farm receipts down. Will NAFTA 2.0 change any of this?
The implementation of NAFTA has allowed U.S. beef trade to flourish, and the efficient supply chains developed under NAFTA have also helped the U.S. beef industry become more competitive in Asia.
Today’s biggest trade trends in 8 colorful and easy-to-share charts. Topics include world’s largest importers and exporters, China’s explosive growth, Japanese investment in the United States, global oil flows, and more.