We are currently headed into an unprecedented crisis in the world trading system that is not simply rooted in bad laws, weak institutions, reckless leaders or rogue nations; it is rooted in wrongheaded theories. The looming U.S.-China trade war is one of the real consequences of this.

As oil can now be traded with RMB-denominated contracts, the rise of the petroyuan will accelerate the internationalization of the Chinese currency as investors begin to increase their allocations into Chinese financial assets.

The world is not totally dark and the forces of free trade and globalization remain strong. China stands firm and holds the banner of free trade high.

Trump’s trade belligerence is damaging the house America built.

If effective policy measures can't be taken to contain it, the risks to the world economy caused by the escalation of protectionism could severely disturb the world in 2018.

President says he would drop opposition to trade pact if better deal could be negotiated.

Analysts say duties will result in job losses in US and set back use of renewables

Canada has launched a wide-ranging trade complaint against the United States, the World Trade Organization said on Wednesday.

It seems as if U.S. President Donald Trump is intent on perpetrating a dangerous fallacy: to impose tariffs on American imports to lower the trade deficit. These moves are coming despite the fact that the most prominent critic of China’s trade practices in the U.S. administration, Steven Bannon, has left the White House. Why is the Trump administration so enamored by tariffs, a trade policy more commonly employed a hundred years ago?

China has an increasing opportunity to share global leadership. Unless the U.S. recognizes U.S.-China relations as a positive-sum game, China may eventually surpass the U.S. economically through global leadership and innovation.