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At the centre The American trade deficit is a macroeconomic fact, not a trade one: the US saves less than it invests, so no tariff can close it. Holds KJKeyu Jin Read this korrent →

• Same subject: China, America, tariffs Rebuilding American manufacturing is a decades-long educational and cultural project, not something tariffs can do. Holds MHMolson Hart
• Same subject: China, America, tariffs Tariffs are beside the point in the energy race with China; what is actually costing America is environmental regulation, and Texas is out-deploying California ten to one because of it. Holds CHCasey Handmer
• Same subject: China, America, tariffs The 2018 tariffs moved production to Vietnam rather than back to the United States. Holds MHMolson Hart
• Same subject: China, tariffs Tariffs will not fix what is wrong with global trade; they are a distortionary protectionist method and they will be bad for the country imposing them. Holds KJKeyu Jin
• Same subject: America, tariffs A country's large trade deficit in manufactured goods reduces its manufacturing employment below what it would be with balanced trade. Holds PKPaul Krugman
• Same subject: America, tariffs Tariff revenue is real but far too small to make a dent in the American deficit. Holds PKPaul Krugman
• Same subject: America, tariffs Tariffs on imported components and machinery hurt the American manufacturers they are supposed to help. Holds MHMolson HartAVAustin Vernon
• Same subject: America, tariffs The 2025 American tariffs did not reduce the trade deficit they were imposed to reduce. Holds PKPaul Krugman