Entries by Andrea Durkin

Reading the Tea Leaves

If you’re like most Americans, you are more familiar with Davos Seaworth from Game of Thrones than with the little ski town of Davos, Switzerland. But this week in Switzerland, China’s president and a representative from Mr. Trump’s Administration both said they’d like to avoid a trade war.

Is China a “Market Economy”?

China argues it should be granted “market economy status” by all WTO Members. Some of the world’s major economies, including the United States, think it depends on the specific situation. American producers of industrial commodities such as steel say China is not operating on market principles in their sector.

This Trade Agreement Could Cut Your Monthly Utility Bill

According to a new study, reducing tariffs on LED light bulbs by 3.6 percent would save American households $320 million each year. How? Lowering the tariff on imported LED bulbs makes it cheaper to buy them. Lower prices also raises demand, leading to greater usage. Using more energy efficient light bulbs could cut electric bills by $129.6 million and lower the number of kilowatt hours in the United States by 238 million every year.

Make North America Great

President-elect Trump is already marching through his first 100-day agenda. Near the top of that list is withdrawing from NAFTA—or re-negotiating it. He should work with Mexico and Canada to create a North American Infrastructure Bank instead of re-opening an outdated NAFTA agenda.

How Much Is The World Buying Over the Internet?

Globally, e-commerce sales are projected to surpass $3.5 trillion within the next five years. China and the U.S. account for over 55 percent of global e-commerce, but digital consumption is growing around the world even in markets that still heavily operate on a cash-on-demand basis, like India. The major American e-commerce platforms Amazon and eBay are growing their share in overseas markets but they face stiff competition from companies vying for new online shoppers around the world.