What Tariffs Can and Can’t Do

When tariffs are moderate and used to complement a domestic investment agenda, they need not do much harm; they can even be useful. When they are indiscriminate and are not supported by purposeful domestic policies, they do considerable damage – most of it at home. Read More Here

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Donald Trump returns for a second innings

Republican Donald Trump beat Democrat Kamala Harris in a sweeping win to return to the White House as the 47th President of the United States and become the country’s oldest elected leader after surviving two assassination attempts and several felony charges. Harris, who became the Democrat candidate after President Joe Biden stepped down from the […]

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China Faces a Long Road to De-dollarization

Any de-dollarization process must account for the fact that countries and business actors will still issue debt securities, bonds, and other instruments in dollar form to meet their capital needs, both regular and emergency, owing to the volume and liquidity provided by the “flexible capital account” standard of the United States. Read More Here

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