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Deglobalization and decoupling risk causing more global damage - USA

The Russia-Ukraine conflict has rekindled the debate on economic dependency and deglobalization, something that haunted the world when previous US president Donald Trump launched trade wars against China and other US trading partners a few years ago. Like some others at the time, Trump also blamed US economic woes on other countries, from China and India to Mexico and Germany.
United States Shang Jin Wei Tao Wang Donald Trump Douglas Irwin Pacific Partnership

Deglobalization and decoupling risk causing more global damage

The Russia-Ukraine conflict has rekindled the debate on economic dependency and deglobalization, something that haunted the world when previous US president Donald Trump launched trade wars against China and other US trading partners a few years ago. Like some others at the time, Trump also blamed US economic woes on other countries, from China and India to Mexico and Germany.
United States Shang Jin Wei Tao Wang Donald Trump Douglas Irwin Pacific Partnership

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Three better alternatives to Biden's gasoline tax holiday

NEW YORK  —  US President Joe Biden has proposed a three-month suspension of the 18.4 cents-per-gallon federal tax on gasoline. The move, which would require approval by Congress, is intended to provide relief to American families struggling with the 60 per cent increase in gasoline prices from about $3 per gallon before the Russian invasion of Ukraine to nearly $5 per gallon
United States Shang Jin Wei Joe Biden Columbia University School Of International Public Affairs Columbia Business School

Making higher oil prices a win for American households

NEW YORK  —  The United States exports more petroleum than it imports. As a result, the country as a whole benefits from the recent spike in global oil prices. But American households think they are hurt by the higher prices, because all the benefits have gone to US oil companies and their shareholders. No attempt has been made to distribute any portion of the windfall to US
United States Shang Jin Wei Donald Trump Vladimir Putin Columbia University School Of International Republican Party

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