If U.S. products get too expensive in China, American farmers are worried about losing a key market for things like chicken feet that people in many other countries don’t eat but are hugely popular in China.
Universities have long issued bonds to raise money, but the amount being issued has nearly doubled in recent years —and is increasing as government funding is paused.
Chad Bown of the the Peterson Institute for International Economics explains the trade deficit and foreign investment “open loop” system. But wait, there’s more!