The WTO Explained: Rules, Rounds, Disputes
The WTO explained as three machines: a rulebook that still holds, a stalled negotiating table, and a court whose appeals...
International Trade and Economics
Explore the world of international trade and economics with our expert articles
Most Favored Nation Status Explained
Most favored nation status means the opposite of its name: a guarantee of non-discrimination under which nobody is treated worse...
Export Subsidies: Pushing Goods Abroad
Export subsidies are the one trade policy the WTO bans outright: taxpayers fund them, home consumers pay more, and foreign...
Crypto Priced Every Devaluation First
The parallel rate implied by crypto trading ran 167 percent above Argentina's official rate two months before the 2023 devaluation....
Ninety Percent of World Trade Runs on Credit
Over 90 percent of world trade depends on trade finance, and that infrastructure is far more concentrated than the supply...
The Yuan Exchange Rate Rose 6.6 Percent
The yuan exchange rate is quoted as yuan per dollar, so its falling line records a 6.66 percent appreciation, not...
China’s Trade Surplus: $1.19 Trillion a Year
The China trade surplus reached $1.19 trillion in the year to April 2026, which is 1.66 times the entire American...
What Is a Trade Deficit? What the Gap Means
What is a trade deficit: imports exceeding exports, financed dollar for dollar by selling assets to the world. Accounting, not...
What Is a Tariff? Import Taxes Explained
What is a tariff: a tax collected from importers at the border. Who bears it, and why the paid rate...
What Is a Quota? Import Limits Explained
What is a quota: a cap on import quantity rather than a charge on price. Both raise prices; only one...