The Trump administration’s plans to impose $50 billion in tariffs on Chinese imports, as well as tariffs recently placed on imported steel and aluminum and on imports of solar panels and washing machines, mark a distinct break from decades of U.S. trade policy, which long has generally favored lower tariffs and fewer restrictions on the movement of goods and services across international borders.
Although manufacturing jobs have fallen over the past three decades, improved productivity has kept manufacturing output rising – contrary to what many Americans believe. But over the past few years, productivity growth has been sluggish at best.
Many Europeans, Japanese and Americans feel better today about their nations’ economies than they did before the financial crisis, according to a new global survey by Pew Research Center. But those public sentiments aren’t always aligned with a nation’s actual economic performance.
A conversation with the director of the Center’s Data Labs team on their new report on congressional communications and the uses and misuses of “big data.”