
Keith Johnson
Geoeconomics Reporter at Foreign Policy Magazine
Covering geoeconomics @ForeignPolicy. Energy, geopolitics, economics, trade, seapower, politics. Usual caveats, etc.
Articles
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1 week ago |
foreignpolicy.com | Keith Johnson
Economics United States China In the annals of overestimating one’s trade leverage and then inflicting own-goals, the Confederacy’s 1861 embargo on the exports of its one product—cotton—in the hopes of coercing foreign countries into supporting the nascent nation always held pride of place. Until this spring.
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2 weeks ago |
foreignpolicy.com | Keith Johnson
More from Foreign Policy Trending
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2 weeks ago |
foreignpolicy.com | Keith Johnson
U.S. President Donald Trump promised to bring down energy prices, and on that front at least, he has delivered. Thanks to his trade war, crude oil prices have plunged. Benchmark prices in New York and London are down about 15 percent in the last few days, a drop that is matched only by the declines on Wall Street, in Asian stock markets, and in Tesla’s appeal. Crude oil went from the mid $70s a barrel when Trump was elected the second time to the upper $50s (briefly) on Monday.
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3 weeks ago |
foreignpolicy.com | Keith Johnson
Economics United States U.S. and global markets of all stripes delivered their verdict on U.S. President Donald Trump’s sweeping new tariffs, and it is devastating: Investors hate the new barriers to trade almost as much as corporate supply chain managers do.
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3 weeks ago |
foreignpolicy.com | Keith Johnson
United States China Europe U.S. President Donald Trump unveiled his most expansive tariffs yet, and what experts say could represent the biggest tax hike in modern U.S. history, in a long-promised move that could well slam the brakes on the U.S. economy and spark global reprisals.
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Have you ever owned a car, or driven one? I have. I have had Japanese cars, several German cars, and, I am sorry to say, an American one. (Well, tbf, it was a PT Cruiser.) I also live in a place where tanks are unwelcome as well as uneconomic. Good lord. https://t.co/JM4jgz6qZ6

We have a $53 BILLION annual automotive trade deficit with Japan, $40 BILLION auto deficit with Europe, $50 BILLION auto deficit with S Korea. Cold hard math: our allies have shut their markets to our cars while our market has been flooded with theirs. This was all deliberate.

RT @loyaladvisor: There’s a national emergency in the United States, but keeping imports out of the country won’t fix it.

RT @TimothyDSnyder: One thing that can get lost in all this is that Jeff Goldberg knows much, much more about national security than the pr…