President Joe Biden is following in his predecessor’s footsteps. On May 14, the White House announced that the US government will impose new tariffs on China that officials say will not contribute to inflationary pressures because of their structure. Despite… Read More
President Donald Trump suddenly tweeted this week that he would be putting tariffs on steel and aluminum exports from Argentina and Brazil. He pointed out that the South American countries are devaluing their currencies, leaving U.S. industries at a disadvantage…. Read More
In economics, free trade happens when buyers and sellers from different countries trade with each other without either government getting involved. Otherwise known as “laissez-faire trade,” this allows for the importing (bringing in) and exporting (sending out) of goods and… Read More
