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The U.S. has more sectors of the economy that are highly reliant on Chinese imports than the other way around.
The United States is abandoning the economic system that made it rich and powerful, gambling that it can become more prosperous waging a global trade war.
It was therefore not the result of trade liberalization. In the pre-1913 period of globalization, the role of the state increased rather than decreased. The total ratios of trade to GDP are, however, ...
and unleash forces that result in better government and corporate governance. These collateral benefits could enhance efficiency and, by extension, total factor productivity growth. The notion that ...
In recent days, the fallout from the US so-called "reciprocal tariff" policy has continued to intensify: The global financial ...
He further stated that President Trump’s attempts to reverse globalization would result in a redirection of inflation from financial markets to the real economy. This could lead to a collapse in ...
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