The data casualties of the federal government shutdown
The government shutdown has squeezed the daily flood of data from federal agencies down to a trickle. Take a look at what data are and are not available.
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The government shutdown has squeezed the daily flood of data from federal agencies down to a trickle. Take a look at what data are and are not available.
The global economic mood has improved in recent years, yet pessimism remains. Global publics are accepting of trade yet skeptical of its benefits.
Although most Americans back a higher minimum wage, wide disparities in local living costs make finding an appropriate rate difficult.
People in advanced and emerging economies generally agree that growing trade and business ties with other nations are good for their country, but fewer are convinced such ties lead to more jobs, higher wages or lower prices at home.
Americans’ views of free trade agreements, which turned more negative during the 2016 campaign, are now about as positive as they were prior to the campaign.
The United States runs a far larger merchandise trade deficit with China than with any other nation. But when the trade deficit is measured in other ways, the U.S. actually has a larger imbalance with countries outside of China.
The highest U.S. tariffs aren’t on imports from its biggest trading partners, but on products from several developing South Asian nations whose exports are heavily weighted toward clothing, footwear and other products that the U.S. generally taxes highly.
Average tariff rates, while useful for comparison, can obscure the wide range of rates imposed on different classes of imports and on specific products.
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.
For five countries – Nepal, Kyrgyzstan, Haiti, Tajikistan and Liberia – remittances from citizens abroad are equivalent to at least a quarter of GDP.
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