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August 9, 2012

Trade
Morning Brief: Chinese Firm Offers to Buy U.S. Battery Maker

One of China’s largest auto-parts makers, Wanxiang Group (WSJ), announced plans to acquire 80 percent of ailing battery maker A123 Systems for $450 million. The Massachusetts-based firm grew out of m…

A worker stands in front of battery packs ready to be placed into electric vehicles at China's largest electric vehicle battery recharging station in Beijing (David Gray/Reuters).
Blog Post by Renewing America Staff Renewing America

August 8, 2005

United States
Once again, trade deficits do matter — and they really do have to be financed

Brad DeLong and the folks over at Angry Bear have already beat up on this rather ridiculous Donald Luskin argument that the US does not take on debt when it runs a trade deficit.   I hardly need to …

Blog Post by Brad W. Setser Follow the Money

August 10, 2016

Fossil Fuels
Time to Repeal U.S. Oil and Gas Tax Breaks

This post is co-authored by Sagatom Saha, research associate for energy and foreign policy at the Council on Foreign Relations. Read "The Impact of Removing Tax Preferences for U.S. Oil and Gas Produ…

Blog Post by Varun Sivaram Energy, Security, and Climate

December 1, 2016

China
China’s Vision for a Regional Trading Block Has its Own Challenges

One oft-made argument is that with Trump’s decision not to move forward with the TPP, China has an opportunity to fill the regional trade void. Chinese policy makers are certainly pushing their regio…

asian-goods-trade-balance
Blog Post by Brad W. Setser Follow the Money

December 20, 2018

International Economic Policy
China's November Trade and the U.S. Trade Data from October

Both China and the U.S. provided their respective snapshots on the state of global trade earlier this month… The U.S. October trade data showed that the U.S. imports continue to grow at a robust c…

China's November Trade and the U.S. Trade Data from October
Blog Post by Brad W. Setser Follow the Money