President Trump says ‘trade wars are good,’ but history tells a very different story.
Articles on Trade wars
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The idea that the US is historically a free trading country is a myth. Here’s why that’s a good thing.
On March 1, Donald Trump imposed a series of steel and aluminum tariffs. To understand their potential impact, it’s instructive to look at what happened after George W. Bush enacted similar measures in 2002.
American lawmakers in the 1930s learned the hard way what happens when a country raises tariffs and makes other unilateral trade decisions.
A trade spat could jack up the cost of going solar, killing jobs and obstructing efforts to do something about climate change.
The president said he’s considering ending trade with any country that does business with North Korea. Here’s why that will never happen.
Some fear that recent actions against China taken by the Trump administration mean we’re on the verge of a trade war. What would be the cost?
Climate change will have a big impact on the global economy, for better or worse. We explore four issues that bring climate and trade negotiations head to head.
The administration’s objectives for NAFTA negotiations with Canada and Mexico, set to begin in August, will do little to help American workers, let alone create shared prosperity across the continent.
The president has promised to put a stop to foreign companies ‘dumping’ steel on US markets. Former President Bush tried the same thing, and here’s what happened.
Nothing less than the fate of the global economy lies in the balance as the two strong-willed leaders sit down for their first one-on-one meeting.
US accusations of German currency manipulation do not appear to be motivated by economics.
Trade under Trump will mean more bilateral agreements, hard bargaining and ultimatums, a sharp departure from Obama’s multilateral, win-win approach.
Donald Trump looks like he’s gearing up for a trade war with China that has been years in the making.
We’ve been examining the ins and outs of TPP and the rise of the anti-trade right for months. Here’s a roundup of some of our coverage.
A President Trump or Sanders would be likely to pursue protectionist trade policies such as higher tariffs. History suggests such policies could lead to a trade war, with painful consequences.
Top contributors
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Distinguished Professor, Arthur J. Gosnell Professor of Economics, & Head, Department of Sustainability, Rochester Institute of Technology
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Professor, and Executive Director: Institute for International Trade, and Director of the Jean Monnet Centre of Trade and Environment, Adelaide University
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Associate Professor of Political Science, Georgia State University
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Associate Professor of Economics, University of South Carolina
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Assistant Professor of Economics, University of California, Merced
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Scientia Professor of Economics, UNSW
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Lecturer in International Relations, University of East London
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Global Fellow at the Wahba Institute for Strategic Competition, Associate Professor at the University of Arizona, University of Arizona
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Assistant Professor in Development Studies, University of Cambridge
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Professor of Trade Law and Taxation, Queensland University of Technology
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Professor of Economics, University of Minnesota Duluth
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Senior Research Fellow, Institute for International Trade, Adelaide University
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Associate Professor of Political Science, Brock University
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Chair in Agricultural Marketing, Trade and Policy, The Ohio State University
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Lecturer in History, University of Exeter