Global Trade Archives - Mechanical Power Inc.
August exports provide a boost to China’s economy

August exports provide a boost to China’s economy

Due to strong global demand, China’s exports surprisingly increased at a quicker rate in August, easing some of the strain on the world’s second-largest economy as it navigates difficulties on multiple fronts. The Asian behemoth has made a remarkable...
Trump’s trade war on China failure

Trump’s trade war on China failure

The Biden administration plans to review the phase one U.S.-China trade deal, said Jen Psaki, White House press secretary. Based on publicly available data, it’s hard to imagine they’ll find anything other than a debacle. China isn’t even close to...
Trade war with China didn’t boost U.S. manufacturing

Trade war with China didn’t boost U.S. manufacturing

Overall U.S. trade deficit at record high, jobs haven’t returned to U.S. President Donald Trump’s trade war against China didn’t achieve the central objective of reversing a U.S. decline in manufacturing, economic data show, despite tariffs on hundreds of billions of...