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The US tariffs announced on April 2 aim to penalize countries with which the US has large bilateral trade deficits. According to a formula provided by the Office of the United States Trade Representative, the larger the US bilateral deficit as a proportion of US imports from a partner country, the ...

The temptation to merge aid agencies in the hopes of creating cost efficiencies is understandable. But instead of the plan being floated, it would be much better to create a strong link between DFC and MCC where there are potential synergies and make changes to MCC’s finance model that create return...

Yesterday, President Trump announced a sweeping change to US trade policy, imposing tariffs larger than those enacted under the Smoot-Hawley Tariff Act that helped deepen the Great Depression. US markets are responding based on the implications for US business and consumers. But the consequences for...

The tariff regime announced yesterday by President Trump sent shockwaves through the global financial system. It will up-end countless longstanding commercial relationships, profoundly distort markets and significantly slow growth. Among the unpleasant surprises was the disproportionate impact on th...