Proposed new de minimis rules could see countries paying different tariffs for their imports into the US – with some denied the privilege altogether. The current de minimis threshold for imports into the US is $800, increased from $200 in 2016 with the Trade… Read More ›
Protectionism
Autarky: would it be better for a country to produce everything it needs in its own territory? — Veriti Global
The 2008 financial meltdown, which started on Wall Street, rippled around the world, leading some to question the advantages of economic interdependence. Thank you for reading this post, don’t forget to subscribe! New political figures such as Donald Trump, in… Read More ›
Compendium: Impact of Work-Standard on Trade Policies
Unlike regular national economics, the field of international economics covers a broader political dimension that spans the entire planet. It is normal for nation-states to engage in international trade with others for whatever they need for their own economies. The… Read More ›
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