In this Economic Letter, we consider the impact of TPU on firms’ decisions to reshore and automate production. Using industry-level data, we show that firms in industries more exposed to international ...

The year 2024 witnessed a number of meaningful anniversaries for the United States and its allies: the 80th anniversary of D-Day, when Allied forces landed on the beaches of Normandy, heralding the ...

As tariffs and trade deals make headlines, here’s a perfect puzzle: Why, as tariffs fell and supply chains expanded in the late 20th and early 21st centuries, did many economies fail to see the ...

Discover what autarky means, its economic implications, and real-world examples like North Korea and Nazi Germany's self-sufficient policies.

The initial ruling, by the Court of International Trade, brought the low-profile judicial body to the world’s attention. The court’s panel of three judges unanimously sided with businesses and states ...

Twenty-five years in the making, the landmark agreement eliminates tariffs on over 90% of goods while reshaping South America-Europe trade ties. A quarter-century after negotiations began, Mercosur, ...

Deborah de Lange has received funding from SSHRC and ESRC and has been a member of the Liberal Party of Canada. Toronto Metropolitan University provides funding as a founding partner of The ...

With a second Trump administration starting up, 2025 may bring escalating tariffs, retaliatory trade measures, and a rearranging of the international trade order. The anticipated start of US President ...

Tariff hikes across the board, political interference through trade threats, pressure on U.S. multinational corporations, supply chain disruptions — these are among the ways the Trump administration ...