In 2014, after a five-decade freeze, President Obama announced the U.S. would begin re-establishing diplomatic ties with Cuba. But last week's passing of former Cuban leader Fidel Castro is a reminder that the U.S. embargo remains in effect for most…
By PBS NewsHour
President-elect Donald Trump’s deal with United Technologies will preserve 1,100 jobs in the state of Indiana, thus appearing to validate a central promise of his campaign. But questions remain: Is this sort of agreement viable? What is the future of…
By John Rennie Short
From the Brexit, to the recent U.S. election of Donald Trump, voters across the world are rejecting candidates and policies in support of globalization.
Trade agreements remain critical because that beggar-thy-neighbor temptation for governments — in the United States, but especially elsewhere — never goes away. And it will surely resurface if the United States is the first to rip them up.
Most people are probably not aware of the extraordinary level of protectionism that benefits doctors and, to a lesser extent, other highly paid professionals in our own country. And we pay a huge price for this protectionism.
The U.S. government has long recognized that while freer trade would bring broad benefits to Americans through lower prices on everything from clothing to TV sets, there would be real costs. And they would be concentrated in certain parts of…
By Kristen Doerer
The Obama administration has given up on the Trans-Pacific Partnership, a trade deal with 11 nations in the Asia-Pacific region, according to The Wall Street Journal.
What is President-elect Donald Trump's plan for the economy? Economics correspondent Paul Solman sat down with economic historian Adam Tooze to discuss.
By PBS NewsHour
On the campaign trail, Donald Trump promised to revive American manufacturing, get tough on trade with China, cut taxes and invest in infrastructure. Do those proposals recall other visions for economic development over history? Economics correspondent Paul Solman speaks with…
"The right question is not whether trade is good or bad for the United States," writes Edward Alden in his book "Failure to Adjust," but "whether the United States has used the new opportunities created by international trade to boost…
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