On Inauguration Day 2017, the United States entered into a new era of economic policy toward China. Led by the commercially hawkish, nationalistic tone of the Trump administration, U.S.-China trade underwent a sweeping overhaul. Everything from agricultural subsidies to intellectual property theft came under intense scrutiny. The result was an extended period of saber-rattling, tough… Read more.
U.S. China Trade
Traditional financial theory suggests that a recession is two consecutive quarters of negative growth in a nation’s gross domestic product (GDP). The underpinnings of these types of economic downturns vary. Typically, a recession is attributed to commodity pricing instability, market crashes, inflation, or extraordinary events.