Tariffs cut on U.S. car imports into China

  CNN Business: China is temporarily slashing tariffs on US auto imports Article published: December 15, 2018 IB Economics syllabus: International economics (protectionism, tariffs) After placing additional tariffs on cars in July, China has now decided to reduce these tariffs on a temporary basis for the next three months. The decision was made in order [...]

By |2018-12-17T06:02:24+00:00December 17th, 2018|International Economics|Comments Off on Tariffs cut on U.S. car imports into China

How tariffs can divert trade

Reuters: Shut out of China, U.S. coal exporters find favour in India Article published: Nov 20, 2018 IB Economics syllabus: International economics (protectionism, trade) This article talks about how the higher tariffs in China made American coal producers sell coal in other countries (e.g. India) instead of China. This is a real-life example of trade diversion. [...]

By |2018-11-26T05:16:42+00:00November 21st, 2018|International Economics|Comments Off on How tariffs can divert trade
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