The U.S. and China have agreed to temporarily rollback on some tariffs. Adam Posen, president of the Peterson Institute for International Economics, puts today’s deal into context.
President Donald Trump has said he wants a “fair trade deal,” but the pressure created by sky-high tariffs might limit what can be accomplished at talks this week.
Lack of affordable child care, discrimination against women in the workforce and the sheer cost of raising children all make it less appealing for some mothers to have more children.
The U.S. has punitive tariffs on Chinese electric vehicles, which effectively blocks imports. Still, many Chinese EV brands are expanding their markets and going abroad with models that are both packed with features and cheaper.
