How did USPS end up subsidizing China’s e-commerce?
A decade ago, American consumers could find clothes, toys, and appliances that had been manufactured in China stocked on the shelves of major retailers like Wal-Mart and Target. And even if they shopped for some of those goods online, the shipments typically came from stock that was held by warehouses in the United States.
But these days, with American consumers doing more of their shopping online, a growing share of what they buy is coming directly from factories and small businesses that ha
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When Joe Biden took office, many of his supporters thought the first order of business would be unwinding Donald Trump's trade war with China. But his trade czar, Katherine Tai, has been largely MIA, a stark contrast to her predecessor, the fiery and ubiquitous Robert Lighthizer. So what has Tai been up to?
The academic tells us why it's important to understand the Chinese leader's political beliefs and where they come from — as well as their shortcomings.
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