Overexposed

Summary: This article looks at China’s heavy dependence on - or overexposure to - the US for their trade surplus and their exports. It examines different ways of counting the China trade surplus, finding that on one alternative measure it could be as much as twice as large as China’s own published reports. Finally, reasons for the disparities in different trade data reports are examined.

The struggle to reduce America’s trade deficit with China is still in its beginnings, but the early signs are that America may be winning the battle. 

The US Should Sign a UK Free Trade Agreement Now

The Trump administration should make it a top priority to sign a free trade agreement (FTA) with the United Kingdom as soon as possible.  Although Donald Trump and many of his key advisors are rightfully highly skeptical of FTAs, the UK at this moment presents a different sort of opportunity. A US-UK FTA would be good for the US economy, good for the international economy, good for US foreign policy, potentially good for the UK economy, and ultimately (although they may not admit it) good for the European Union.