But rising trade barriers pose a long-term threat to global output as protectionist policies spread, the bank said.
Category: Protectionism (Trade)
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China’s Exports Surge as Trade Tensions Near Boiling Point
China’s trade surplus soared, helping to lift the country’s economy even as consumer spending slows because of a sharp housing contraction.
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U.S. Adds Tariffs to Shield Struggling Solar Industry
American solar manufacturers are pushing for further protections for their new factories against cheaply priced imports from China.
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Europe Has Fallen Behind the U.S. and China. Can It Catch Up?
A “competitiveness crisis” is raising alarms for officials and business leaders in the European Union, where investment, income and productivity are lagging.
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I.M.F. Is Upbeat on China’s Growth but Questions Industrial Policy
Surging exports and factory investment are buoying China’s output, but the housing market faces serious troubles and industrial policies may hurt other countries.
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Biden Doesn’t Want You Buying an E.V. From China. Here’s Why.
The president wants to shift America’s car fleet toward electric vehicles, but not at the expense of American jobs or national security.
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How China Pulled So Far Ahead on Industrial Policy
The United States and Europe are trying to catch up to a rival skilled in using all the levers of government and banking to dominate global manufacturing.
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Are These Drones Too Chinese to Pass U.S. Muster in an Anti-China Moment?
U.S.-based Anzu Robotics is selling drones using technology from DJI, a Chinese firm that is the target of efforts by lawmakers to limit Chinese technology in America.
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U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods
Treasury Secretary Janet L. Yellen warned that China’s industrial strategy posed a global threat the requires a united response.
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Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.