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Trump Election Gooses Trade– Before Tariffs Hit

Uncategorized2 days ago19Views 0Likes 0Comments

This week’s election of Donald Trump as the U.S.’s 47th president is almost certainly likely to lead to another trade war with China, and further tariffs on American imports. During the campaign, Trump said his favorite word was tariff and floated a universal 10% tariff and specific duties on Chinese imports as high as 60%.…

China Finally Affected by Protectionist Tariffs

UncategorizedOctober 23, 2024100Views 0Likes 0Comments

September Rain China posted lackluster trade figures in September, highlighting how it might become slowly less reliant on global commerce as other major economies retrench. Chinese exports increased 2.4% year-on-year, below economists’ expectations of around 6%, to $303.7 billion, while imports increased only 0.3% to $222 billon. The 2024 Boom For most of 2024, Chinese…

50 U.S. States Have 50 Trade Economies

UncategorizedSeptember 24, 2024352Views 0Likes 0Comments

The politics of trade in the U.S. have gotten complicated during this century, mainly because deindustrialization in the Rust Belt has cost so many factories and jobs. The free trade consensus of the 1990s that led to NAFTA and China joining the World Trade Organization in 2001 is dead. But it shouldn’t be lost on…

Don’t Overlook Germany’s Trade Economy

UncategorizedSeptember 19, 2024500Views 0Likes 0Comments

The conversation about global trade often leaves out the world’s fourth biggest economy and third top exporter and importer, but Germany is poised to play an even bigger role this decade as China and the U.S. remain locked in a trade war. In August, Chinese exports to Germany jumped a whopping 21.5% to $10.1 billion.…

China Reboots Trade Thanks to Africa, India, Latin America

UncategorizedMarch 11, 20241KViews 0Likes 0Comments

Don’t let anybody tell you that globalization is dying—at least, not yet. Global trade economists obsess over consumer demand and rising protectionism in the U.S. and Europe, but this week’s release of Chinese trade statistics shows that other markets might soon be catching up in relevance. The Promise of Other Markets China’s exports to Latin…

Ukraine: Two Years of Wheat Exports In Review

UncategorizedFebruary 29, 20241KViews 0Likes 0Comments

As we enter the third year after the invasion of Ukraine, the landscape of Ukrainian trade, and, specifically, exports of wheat, have drastically evolved. As the world's 4th-largest exporter of wheat and meslin in 2023, Ukraine has remained a relatively stable producer of wheat over the past decade and has remained especially resilient over the…

Trade Data Monitor’s Top 10 Trade Trends Going Into 2024

UncategorizedDecember 20, 20232KViews 0Likes 0Comments

It’s not an easy time for global trade--the roughly $25 trillion piece of the $105 trillion world economy. Protectionism is roaring in the U.S. and Europe, causing geopolitical tension with China. Inflation across most of the world has shrunk consumers’ wallets and imports, while deflation in China is also scaring businesses. Asian supply chains are…